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North Carolina Slate Library 
Raleigh 

FOURTH ANNUAL REPORT 



<;c 



THE NORTH CAROLINA 

Corporation Commission 



FOR THE 



YEAR ENDING DECEMBER 31, 1902. 



Compilations from F^ailroad Returns for Year Ending June 30, 1902. 



RALEIGH, N. C: 

Edwards <& Broughton, State Printers. 

1903. 



■U -•«; 



'4 



NORTH CAROLINA CORPORATION COMMISSION 



FRANKLiJsr McNeill, 

Chairman. 
SAM. L. ROGERS, 
D. H. ABBOTT, 

Commissioners. 



Henry C. Brown, Clerk, 

J. R. Long, Assistant Clerk. 

Miss E. G. Riddick, Stenographer. 



LETTER OF TRANSMITTAL 



Office of the 

^OETH CaEOLITs^A CoRPORATIOlsT COMMISSION, 

Raleigh, Is^. C, December 31, 1902. 

To His Excellency, Charles B. Aycock, 

Governor of North Carolina. 

Sik:— In accordance with the law creating the ^NTorth Carolina Cor- 
poration Commission, and defining the dnties of said Commission, we 
have the honor of transmitting to you herewith onr Fourth Annual 
Report. The statistical part of this report covers the year ending June 
30. 1902 ; the transactions of the Commission reported are for the 
year ending December 31, 1902. 

The railroads of the State, as will be seen by the statistical tables 
embodied in this report, have enjoyed a good business and had a pros- 
perons" year. 

Work of the Commission. 

The most important work accomplished by the Commission for the 
year was the reduction in the passenger fare rate over the Atlantic 
Coast Line Railroad, the Seaboard Air Line Railroad, and the South- 
em Railway. The Commissioners' Standard Rate of 2f cents per mile 
for second class fare and 3^ cents per mile for first class fare is now 
applied to the main line and branch lines of these three systems alike, 
and, in fact, to nearly every road in the State. 

Complaints. 

Two hundred and fifty-nine complaints have been brought before 
the Commission during the year. These complaints consisted princi- 
pally of overcharges", discriminations, freight service, failure of rail- 
road companies to^ provide cars; for transporting freights, stora'g'e 
charges, petitions for depots and sidings. 

AVhen the complaint is filed, the attention of the company com- 
plained against is called to the cause of the complaint, and if the matter 
be such that can not be settled by correspondence alone, the ofiicers 



IV N. C. CORPORATION COMMISSION. 

of the company complained against are cited to appear. In a large 
majority of instances these claims are amicably settled to the entire 
satisfaction of the parties concerned and without cost to the complain- 
ant ; others have, however, required hearings. The most serious' cause 
of coiiiplaiiit has been of inadequate transportation facilities, in that 
shippers, mostly manufacturers', have been unable to procure a suffi- 
cient supply of cars for the ]^rompt transportation of their products. 
The cause of some of these complaints has been removed with reasonable 
promptness upon service of notice on the proper railroad officials; 
others have not^ and, in such cases, complainants were advised that it 
was the duty of the railroad companies to provide themselves with 
facilities for the movement of freights tendered, and that such com- 
panies* were liable for penalties and damages for failure to do so. 

COERESPONDEKCE. 

The correspondence of the office has been voluminous — many inqui- 
ries touching taxation and matters pertaining to corporations, etc. 
Shippers have found that by applying to this office they can be advised 
of the proper freight rates and of the rules governing the transportation 
of freight to and from all points, and they are taking advantage of the 
opportunity. Much correspondence is necessary in the preparation of 
cases — the gathering of such statistics as are contemplated by law — 
all of this involves a vast amount of labor and correspondence. » 

Assessment at^-d Taxatioi^. 

The construction of the Machinery Act of 1901 by the Commission, 
in that it was not authorized to assess railroad property again until 
the year 1903, and that the assessment made in the year 1900 was to 
remain until that time, was sustained on appeal by the Supreme Court. 
To this assessment the new railroad mileage was as'sessed, and the valu- 
ation thereof was added thereto and certiiied to the various counties 
and towns for the year 1902. 

Mileage. 

There are 3,681.95 miles of railroad in the State, an increase of 
30.82 miles over last year. There were, however, 66.63 miles of new 
road built, but 35.81 miles of road were abandoned. The three large 
systems — the Atlantic Coast Line, the Seaboard Air Line and the 



LETTER OF TRANSMITTAL. V 

SoTitlierii Eailvvay Companies — control more than three-fourths of the 
mileage in the State. The Atlantic Coast Line has 948. Y7 miles ; the 
Seaboard Air Line, 611.52 miles ; the Southern Railway, 1,289.26 miles 
— total of the three systems, 2,849.55; miscellaneous roads, 832.40; 
and total mileage of the State, 3,681.95 miles. 

The total asse&^sed valuation of these and other properties assessed 
by the Commission is as follows; 



Valuations for Taxation. 

Atlantic Coast Line ^. $13,978,440.50 

Southern Railway. 15,825,677.59 

Seaboard Air Line 8,712,728.62 

Miscellaneous Railroads . . s 4, 110, 414. 86 



Total _ 42,627,261.57 



Telephone Companies . . . 

Steamboat, Canal and Ferries 

Street Railways 

Electric Light and Gas Companies 

Water Companies 

Telegraph Companies ., 

Sleeping Car Companies 

Express Companies 



388, 984. 50 
249,950.00 
1,199,590.00 
268,350.00 
260, 985. 00 
904, 140. 00 
180,205.30 
225, 770. 00 



Grand total 46,305,236.37 

The counties to which the lai'gest apportionment of railroall property 
is made are as follows: 



Cumberland $1,282,498 

Guilford 1,804,480 

Halifax 1,760,936 

Johnston 1,520,710 

Mecklenburg 1,460,448 

Pender 1,008,694 



Robeson 1,715,224 

Wake 1,794,659 

Wayne 1,189,787 

Towns — 

Charlotte ...- $106,910 

Greensboro 130, 092 



Eaeniwgs and Operating Expenses. 

Earnings. 

Atlantic Coast Line $4,394,388.72 

Southern Railway 8,020,503.62 

Seaboard Air Line .-. 2,684,334.24 

Miscellaneous 1,376,946.98 



Total - 16,476,173.56 



Operating 

Expenses. 

$2, 447, 053. 40 

5,069,760.37 

1,724,559.28 

945, 727. 59 

10,187,100.64 



VI 



N. C. CORPORATION COMMISSION. 



Cost of Roads, Funded Debt and Capital Stock. 



Cost of Road- 
Atlantic Coast Line $38, 189, 978 

Seaboard Air Line 9,220,676 

Southern Railway 46, 335, 502 

Miscellaneous roads - 11,118,803 



Total of all roads 104,864,959 

Taxes Paid. 



Funded Debt. 

$13,981,822 
12,731,870 
20, 359, 836 

5,623,852 

52, 697, 380 



Capital Stock. 

$23, 944, 042 

15,158,434 

28, 673, 588 

10,101,051 

77,877,115 



Atlantic Coast Line $185, 710. 00 or $195. 00 per mile. 

Seaboard Air Line : 89,595.00 or 147.00 

Southern Railway :... 231,587.00 or 180.73 

Miscellaneous roads 40,370.00 or 48.05 



Total of all roads 547,262.00 or 148.75 per mile. 

Employees. 

Atlantic Coast Line. 2,654 

Seaboard Air Line .- - 2,614 

Southern Railway 4, 528 

Miscellaneous roads 1 , 605 



Tftal employees 11,401 

Tlie average wages paid are as' follows: 

Atlantic Coast Line — Conductors 

Engineers _--. $4.20 per day. Machinists 

Firemen 1.38 " Carpenters 

Conductors 2.90 

Machinists 2.98 

Carpenters 2.12 

Southern Railway — 

Engineers $4.42 per day 

Firemen 1.84 " 



per day 



Seaboard Air Line — 

Engineers $4.27 per day 

Firemen 1.53 " 

Conductors... 2.76 

Machinists 2. 32 

Carpenters. 2.00 '' 



Total amount paid all einployees in the State : 

Atlantic Coast Line.. $1,170,015 

Seaboard Air Line 988, 364 

Southern Railway 1,972,992 

Miscellaneous roads 321, 210 



Total of all roads 4, 452, 590 

AcciDEisrTs. 

Atlantic Coast Line 17 killed, 

Southern Railway . . _ 49 " 

Seaboard Air Line . . 18 " 

Miscellaneous roads _ 3 " 



300 injured. 

517 

204 

47 



Total 87 killed, 1,068 injured. 



LETTER OF TRANSMITTAL. VII 



Street Kail ways. 



Capital stock $3, 427, 424 

Funded debt „ 2,272,000 

Gross earnings 531,019 

Operating expenses 408,338 

Number of passengers carried 5,741,046 

Telepiiokte Companies. 

There are 65 Telephone Companies. 

Capitalstock $1,709,249.00 

Funded debt 329,534.00 

Assessed valuation 388,984.00 

Earnings 169,952.81 

Banks. 

The General Asstemblv, at its session in 1899, placed the State, pri- 
vate and savings banks under the supervision of the I^orth Carolina 
Corporation Commission. At that time there were only 65 banks ; there 
are now 120 — 83 State, 23 private and 14 savings. 

In 1899 the capital stock of the banks was $2,307,297 

The deposits were.. 7,477,512 

Gold, silver and National Bank notes 767, 036 

Total resources 11,275,490 

In 1902 the capital stock is 3,513,564 

Deposits 14,046,775 

Gold, silver and National Bank notes on hand _ 1 , 158, 810 

Total resources 20,725,288 

Eive reports are called for from each bank every year, besides a 
special examination which is made by bank examiners appointed by the 
Commission. All of thes'e reports are tabulated and on file in the 
office for convenient reference. 

Building and Loan Associations. 

There are thirty building and loan associations, with assets amounting 
to $2,020,676. 

Respectfully submitted, 

!Fkanklin Mc!N"eill^ 

Chairman. 

Sam. L. Rogers, 
D. H. Abbott, 

Commissioners. 



STANDARD PASSENGER TARIFF. 



Twelve years and older — 

First Class, 3^ cents per mile. 
Second' Class, 2f cents per mile. 

Over 5 years and under 12 years of age — 

One-half first class fare. 

The above passenger tariff is applicable to the Atlantic Coast Line 
Railroad, the Seaboard Air Line Railway, and the Southern Railway 
lines in dSTorth Carolina, with the exception of the South Carolina 
and Georgia Railroad branch. 



F^AILROAD MILEAGE AND TERMINALS. 





Terminals. 


Mileage 
in 


Name of Road. 


From— 


To- 


North 
Carolina. 


Atlantic Coast Line. __ __ 


Garysburg, N.C 

Wadesboro, N. C 

Wilmington, N. C 

Boardman and Chad- 
bourn, N. C. 
Tarboro, N.C 

Elrod,N.C - - — - 


Richmond, Va 

Florence, S. C 


7.03 




14 27 




Columbia, S.C - 


63.33 




Conway, S. C 

Norfolk, Va 

Boardman, N.C 

Weldon, N.C 


25.00 
66.11 
21.38 




Wilmington, N.C 

Sanford, N. C 


161.40 




Wilmington, N.C 

Bennettsville,S.C 

Clinton, N. C 


116. 40 




Parkton N C 


34.44 




Warsaw N C 


13.43 




Goldsboro, N. C 

Rocky Mount, N.C— 
Parmele, N. C 


Smithfield, N.C 

Spring Hope, N.C 

Washington, N.C 

Via Fayetteville to 

S.C. State Line. 
New Bern, N.C 

Kinston,N.C— 


21.50 
19.20 
25.39 




Contentnea, N.C 

Wilmington, N.C 

Halifax, N. C __ . 


116.20 

86.21 

85.82 




Rocky Mount, N. C— _ 

Charlotte, N. C 

Charlotte, N. C 

Danville, Va 


Plymouth, N. C 

Atlanta, Ga 


68.27 


Southern Railway- 
Atlanta and Charlotte Air Line 


946.32 
43.19 


Atlantic, Tennessee and Ohio 

Atlantic and Danville 


Statesville, N. C 

Portsmouth, Va. 

Sanford, N.C 


45.00 
22.00 


Atlantic and Yadkin 


Mount Airy, N.C 

Climax, N.C 


130. 95 




Ramseur, N. C - . 


18.74 




Stokesdale, N. C 

Asheville, N. C 

Leaksville, N.C 

High Point, N. C 

Charlotte, N. C 

Goldsboro, N. C 

Raleigh, N.C. 


Madison, N. C 


11.39 


Asheville and Spartanburg 


Spartanburg, S.C 

Cascade Junction, Va. 
Ashboro, N. C 


41.92 


Danville, Mocksville and South- 
western. 

High Point, Randleman, Ashboro 
and Southern. 

Charlotte, Columbia and Augusta.. 

North Carolina . 


7.80 
26.78 




11.48 


Charlotte, N. C 

Caraleigh, N.C 

Copper Mines, N. C 

Mooresville, N. C 

Wilkesboro, N. C 

Clarksville, Va 

Henderson, N.C 


223. 20 


Caraleigh Branch. 


2.70 


North and South Carolina 


Virgilina,N.C _ 


3.73 


North Carolina Midland.. _ 


Winston-Salem, N. C— 

Greensboro, N. C 

Durham, N. C 


53.51 


Northwestern North Carolina 

Oxford and Clarksville _ 


100.15 
49.33 


Oxford and Henderson 


Oxford, N.C 


12 72 



N. C. CORPORATION COMMISSION. 



RAILROAD MILEAGE AND TERMINALS— Continued. 




Name of Road. 


Terminals. 


Mileage 
in 


From— 


To- 


North 
Carolina. 


Southern Railway- Continued. 








Piedmont. __ 


Greensboro, N. C 


Danville Va 


42 73 


South Carolina and Georgia 


Marion, N. C 


(^amdpn S C 


62.80 
10.14 
20 36 


State University 


University Sta.,N.C__ 
Statefeville, N. C 


Chapel Hill, N.C 

Taylorsville, N. C 

Paint Rock N C 


Statesville and Western 


Western North Carolina 


Salisbury, N. C 

Asheville, N.C 


185.48 
122.16 




Murphy, N.C 


Yadkin 


Salisbury, N.C 


Norwood, N. C 


41 00 










1,289.26 


Seaboard Air Line 


Wilmington, N.C ___ 


Rutherford ton, N. C 


264.60 




Durham, N. C 


Henderson, N. C— 


41.40 




Monroe, N. C 


Atlanta, Ga 


14 40 




Franklinton, N.C 


Louisburg, N. C 


10.00 




Moncure, N. C 


Pittsboro,N.C 


12 20 




Raleigh, N.C ___ __ . 


Gibson,N. C- 


106. 73 




Raleigh, N. C. 


Weldon,N.C 


96.20 




Ridge way, N. C 


Petersburg, Va 


7.00 




Lewiston,N. C-- 


State Line, Va 


32 30 




Weldon,N. C 


Portsmouth, Va. 


18.29 




Hamlet, N.C. - . _. 


Cheraw, S. C _ 


7.00 




Bridge. _ _ 




2.40 










Miscellaneous Roads- 


611.52 


Aberdeen and Ashboro 


Aberdeen, N.C 

West End, N.C. 


Ashboro, N. C 


56 00 


Aberdeen and Ashboro 


Jackson Springs, N. C_ 
Mount Gilead, N.C. _ 


4.10 


Aberdeen and Ashboro — 


Junction, N.C 


20.75 


Aberdeen and Rock Fish 


Aberdeen, N.C 


Terminals 


42.00 


Atlantic and North Carolina 


Goldsboro, N. C 


Morehead City, N. C— 


95.00 


Atlanta, Knoxville and Northern . 


Murphy, N. C 

Lenoir, N. C 


Marietta, Ga 


13.10 


Caldwell and Northern 


Collettsville,N.C 

Angler, N.C 


10.60 


Cape Fear and Northern- 


Apex, N.C 


20.00 


Carolina and Northern 


Lumberton, N. C 


Marion, S. C __ 


20.76 


Carolina and Northwestern 


Lenoir, N. C 


Chester, S.C 


72.30 


Carthage 


Cameron, N.C 


Hallison, N.C 


18.50 


Cashie and Chowan 


Howard, N.C 


Towards Chowan Riv- 
er, N.C. 
St. Johns, N.C 


12 00 


Chowan and Aulander _ 


Winton, N.C_ _ 


12.00 




Gulf, N.C 


Star, N. C _ — 


33.75 


East Carolina 


Tarboro, N. C 


Farmville.N.C 


24.52 



RAILROAD MILEAGE AND TERMINALS. 



RAILROAD MILEAGE AND TERMINALS— Continued. 





Terminals. 


Mileage 
in 


Name of Road. 


From— 


To- 


North 
Carolina. 


Miscellaneous Roads— Continued. 








, East Tennessee and Western North 
Carolina. 
ESTVPt 


Cranberry, N. C 

Cumnock, N. C 


Johnson City, Va 

Colon, N. C 


3.00 
8.00 


Lawndale 


Sehencks, N. C 


Lawndale, N.C 


9.00 




Cranberry, N. C 


Saginaw, N.C 


12.00 


Mount Airy and Eastern 


Mount Airy, N. C 

Wilmington, N.C 


Kibler, Va__ 


5.00 


New Hanover Transit Company 


Carolina Beach, N.C_. 


4.00 


Norfolk and Southern 


Bell Haven, N.C., via 
Edenton,N.C. 


Norfolk, Va 


83.27 


Norfolk and Western— 






Roanoke and Southern Division 


Winston-Salem,N. C- 
Durham, N. C 


Roanoke, Va 


45.65 


Lynchburg and Durham Div 

Northampton and Hertford 


Lynchburg, Va 

Jackson, N. C 


41.69 


Gumberry, N. C 

Raleigh, N. C 


7.84 


Raleigh and Cape Fear 


Sippahaw, N. C 

Wagram, N.C 


18.50 


Red Springs and Bowmore 


Red Springs, N.C 


2L00 


Suffolk and Carolina 


Centre Hill, N. C 


Suffolk, Va 


24.00 


Transylvania- _ _ 


Henderson ville, N.C 
Warren Plains, N. C-_ 
Washington, N. C _ _ 


Toxaway, N. C 

Warrenton, N. C 

Plymouth, N. C 

Windsor, N.C 


30.87 


Warrenton 


3.00 


Washington and Plymouth 


33.20 


Wellington and Powellsville 


Wellington, N..C 

Wilmington, N.C 


24,00 


Wilmington Sea Coast ___ 


Ocean 


11.81 








Total 


841, 21 










Grand total 


3,688.31 









DECISIONS 



AND 



ADJUSTMENT OF COMPLAINTS 



The following are complaints for failure of defendant railroad companies to 
procure and supply cars for the prompt transportation of freight: 

Wilson Lumber Company vs. Carolina and Northwestern Railroad Company. 

H. J. Booker & Son vs. Seaboard Air Line Railway Company. 

Mount Airy Furniture Company vs. Southern Railway Company. 

W. C. Moore & Co.- vs. Carolina and Northwestern Railroad Company. 

Wilson Lumber Company vs. Carolina and Northwestern Railroad Company. 

D. C. McNeill vs. Seaboard Air Line Railway Company. 

Mount Airy Furniture Company vs. Southern Railway Company. 

Wilson Lumber and Milling Company vs. Caldwell and Northern Railroad 
Company. 

J. M. Bernhardt vs. Carolina and Northwestern Railroad Company. 

J. W. Burney vs. Seaboard Air Line Railway Company. 

Fleetwood & Jackson vs. Norfolk and Southern Railroad Company. 

Fleetwood & Jackson vs. Norfolk and Southern Railroad Company. 

Ashcraft vs. Seaboard Air Line Railway Company. 

Cashwell vs. Seaboard, Air Line Railway Company. 

Wyatt vs. Southern Railway Company. 

Mimick vs. Southern Railway Company. 

Johnson & Co. vs. Seaboard Air Line Railway Company. 

Upchurch & Co. vs. Seaboard Air Line Railway Company. 

The Bridger Company vs. Seaboard Air Line Railway Company. 

Joe M. Smith vs. Seaboard Air Line Railway Company. 

The Madison Grocery Company vs. Southern Railway Company. 

J. M. Bernhardt vs. Carolina and Northwestern Railroad Company. 

Southern Lumber Company vs. Southern Railway Company. 

Williams & Bro. vs. Cape Fear and Northern Railroad Company and Seaboard 
Air Line Railway Company. 

W. N. Cooper vs. Southern Railway Company. 

Referring to the above complaints of the failure of the defendant railroad com- 
panies to provide cars for the prompt movement of freight, many complaints of 
inadequate transportation facilities have been filed by shippers, reciting their 
inability to procure cars for the prompt transportation of their freights. The 
causes of some of these complaints have been removed with reasonable prompt- 
ness, upon the matter being brought to the attention of the proper railroad 
official; others have not, and the officials of these companies have been advised 



COMPLAINTS AND DECISIONS. 5 

that it is the duty of railroad companies to furnish cars and transportation 
facilities to their patrons. Shippers have also been advised that the statute laws 
provide penalties and damages for the failure of railroad companies to receive 
and forward freight tendered, but that it is a matter over which the Commission 
has no control, and that their remedy for damages that may have been sustained 
is by suit against the road. 



IN THE MATTER OP PASSENGER RATES OVER THE SOUTHERN 

RAILWAY. 

This was a matter of investigation on the part of the Commission with a view 
of having the Southern Railway put in effect, over all of its roads in North Caro- 
lina, including branch lines, a uniform passenger rate — the Commissioners' 
Standard Tariff, to- wit: First Class, 3i/4 cents per mile; Second Class, 2% cents 
per mile. 

Several hearings were had, at which J. M. Culp, Traffic Manager of defendant 
railway company, appeared each time and was heard, his contention being that 
the reduction proposed was too great, and the loss in revenue that would follow 
would be considerable, and one which his road should not be required to bear, 
inasmuch as the passenger traffic over several of the branch lines was done at a 
loss. 

The Commission, after careful consideration, was of the opinion that the pro- 
posed reduced rates were not unreasonable and should be put in effect. Where- 
upon, J. M. Culp, Traffic Manager, agreed for his company to yield to the wishes 
of the Commission and apply the Commissioners' Standard Tariff to all roads of 
the system in North Carolina. 



HEATH-REID JOBBING AND COMMISSION COMPANY 
versus 
• . SOUTHERN RAILWAY COMPANY. 

Complainants in this case allege that they are cotton merchants, doing business 
in the city of Charlotte, ih competition with other dealers, and that defendant 
railroad company has built a compress at Charlotte and leased same to certain 
cotton firms of the city, and, by reason of this, complainants are discriminated 
against in the freight rates on cotton, especially from points south of Charlotte, 
in that shipments can be unloaded at Charlotte compress and re-shipped through 
to destination — Norfolk or elsewhere — at a continuous through rate. " Complain- 
ants allege that, as patrons of defendant company, they applied for the same 
privileges as granted their competitors, but were refused. 

Complaint was served and answer filed through A. B. Andrews, First Vice- 
President of defendant company, saying that it was true that his company had 
leased its compress at Charlotte to certain parties, but that his company had no 
control whatever over same, or the warehouse space therein, and that his com- 
pany did not discriminate against complainants in their freight charges on ship- 
ments of cotton. 



6 N. C. CORPORATION COMMISSION. 

This case was set for hearing, and, after careful consideration, the Commission 
concluded that the subject-matter of the complaint was one in which it could not 
take jurisdiction or grant the relief asked. Case dismissed. 



STANDARD POLE AND TIE COMPANY 

versus 

ATLANTIC COAST LINE RAILROAD COMPANY. 

Complaint of failure on part of defendant railroad company to allow its cars 
loaded with poles to go beyond the terminus of its own lines. Complainant is a 
large shipper of poles and ties, and alleged that he had on hand several hundred 
cars for shipment to Tampa, Fla., and St. Louis, Mo., but that the rule of defend- 
ant, prohibiting its cars from going beyond the terminus of its road, causing 
cars to be unloaded and loaded to other cars of connecting lines, was not only 
expensive, but caused an increased freight rate. 

Defendant, answering this complaint, said: "Last year we permitted our flat- 
cars to go through to destination with shipments of these polls and the result 
was that our line Was about denuded of flat-cars; this in face of the fact that we 
were continually building and buying new flat-cars, have been for the last twelve 
months, and are still building. We are prepared to handle them to the end of 
our line." 

At a session of the Commission, this case was called, and, it appearing that 
the subject-matter was one in which the Commission could take no jurisdiction, 
was dismissed. 



IN THE MATTER OP ACCIDENT TO TRAIN ON THE ROAD OP SEABOARD 

AIR LINE RAILWAY COMPANY, TUESDAY, JULY 5, 1902, 

RESULTING IN LOSS OP LIFE. 

This investigation was made under authority granted by Section 24 of the Act 
creating the Commission, which provides as follows: 

"The Commission may investigate the cause of any accident of a railroad re- 
sulting in the loss of life, and of any accident not so resulting, which they may 
deem to require investigation." 

The respondent company, being called upon to make a report of this accident, 
filed its report, through D. H. Barger, Superintendent, which reads as follows: 

Seaboard Air Line Railway, 
Raleigh, N. C, August 4, 1902. 
Hon. Franklin McNeill. Chairman North Carolina Corporation Commission^ 
Raleigh, N. C. 
Dear Sir: — Following instructions contained in your favor of the 24th ultimo, 
I beg to submit the following report covering the accident to train No. 34 on the 
morning of July 15th, this year, which accident occurred about two miles north 
of Raleigh yard, on the main line of this road: 

Second No. 6, a north-bound freight train, pulled into Raleigh yard about 
7 p. m., on the afternoon of the 14th ultimo, detached its engine, leaving its cars 



COMPLAINTS AND DECISIONS. 7 

standing on one of the switches just opposite the Raleigh Cotton Mill. These 
cars remained standing there, until after the departure of our train, No. 27, when 
the yard crew shifted a portion of the cars to the north end of other tracks, pre- 
paratory to making up other trains in proper order to go north by the first divi- 
sion. In doing this work a draw-head was pulled out, and the cars standing on 
the track as they came in were left in that position from the car with draw- 
head pulled out and south thereof, and were not disturbed by the shifting crew, 
or anyone else, so far as we have yet been able to find out. After the crew had 
done the shifting, as above stated, four cars were brought back and placed on the 
same track on which the rear portion of No. 6 was standing, but distant from 
the one with the broken draw-head, about 40, or possibly 50, feet. These four 
cars, the front or first one on the north end being a flat, were held in place by 
hand brakes being applied, and the statement of the crew is, that all brakes were 
properly and securely put on. All of the side-tracks in Raleigh yard on the west 
side of the main line are protected by what is known as a derailing switch, which 
switches are always set for derailment, or at least the instructions are to that 
effect, and on this occasion they were in that position. At about 11:45 p. m., 
without any apparent cause, and without any train or engine being near these 
cars, or on the track behind them, with the exception of a dead engine, those cars 
which had been standing from 7 p. m., started out by gravity, striking the four 
cars in front, when all ran down toward the north end of the yard, gaining in 
speed each revolution of the wheels, until they struck the derailing switch, when 
the front car was derailed. This car, after being derailed, ran 100 feet, or there- 
about, when it got to the frog and the guard rail opposite same, which, acting 
jointly, permitted the car to be re-railed, after which it ran out on the main line 
and down to a point where the accident occurred. The rest of the cars were 
considerably broken up. The track was torn up, and everything that would 
indicate what the first car had done, had been obliterated and no one knew, or 
had any means of knowing, of the flat having gotten off the track, on again and 
out on the main line, running wild. No. 34, not knowing that the car had gotten 
away, and the yard force being equally as ignorant, the collision occurred, which 
resulted in the death of a trusted and respected employe. Following are names 
of the parties composing the crew working on Raleigh yard: (Omitted.) 

The Commission summoned to appear before it a number of the employes com- 
posing the train crew, who were sworn and examined ^enographic report of 
testimony flled and is of record in the office of the Commission. 



DANNENBERG 

versus 

ATLANTIC AND NORTH CAROLINA RAILROAD COMPANY AND 

SOUTHERN RAILWAY COMPANY. 

This was a claim for damage on account of sale of shipment of hides. Claim- 
ant alleged a shipment of hides by himself from Morehead City to consignee at 
Charlotte — "order notify " draft attached to bill of lading. The agent of defend- 
ant company at Morehead City stated that he weighed the hides and they weighed 
568 pounds. The agent at point of destination claimed that the hides weighed 



8 N. C. COEPORATION COMMISSION. 

only 430 pounds. Complainant alleged that the hides were well dried and in 
good condition, and that loss could not have been so much; alleging further that 
they were not in bad condition, but that the agent at Charlotte refused to allow 
any examination of the hides, and sold same without notice to consignee, and 
without any order of sanitary officer. 

Defendant, Southern Railway, denied that the hides were in good order, and 
stated that they were sold under order of the sanitary officer of the city of Char- 
lotte, and that proper notices were given. There was considerable correspond- 
ence in the matter with the view of getting an amicable settlement of the matter, 
but no agreements of facts could be reached, and the defendant company refused 
to pay the damages claimed. It also appearing that the subject-matter of the 
complaint was not within the jurisdiction of the Commission, the record of inves- 
tigation was turned over to plaintiff's attorney with the advice that his redress 
would be in the Courts. 



CHARLOTTE SHIPPERS' ASSOCIATION 

to 

THE COMMISSION. 

This was a complaint alleging that certain branch roads of the State were not 
observing Rule 28 of the Rules Governing the Transportation of Freight, adopted 
by the Commission, which provides that on all shipments which shall pass over 
two or more roads the maximum rates charged shall not be greater than the sum 
of the local rates, less 10 per cent, for the distance hauled over each road. 

Pending the investigation of this matter, the roads at interest petitioned the 
Commission, asking that they be exempted from the provisions of this rule. 
After careful consideration, the petition was granted in part, and order issued as 
follows: 

Joint Freight Rates. 

Ordered, that the Aberdeen and Ashboro Railroad Company, the Aberdeen and 
Rockfish Railroad Company, the Carthage Railroad Company, the Cape Pear and 
Northern Railroad Company, the Raleigh and Cape Fear Railroad Company, the 
Northampton and Hertford Railroad Company, the Durham and Charlotte Rail- 
road Company, and the Carolina Northern Railroad Company, be and are hereby 
exempt from the provisions of Circular No. 28, of the Rules Governing the Trans- 
portation of Freight, requiring a reduction of 10 per cent from the Local Freight 
Tariff Rate of each road. This order not to apply to special rates, which are 
applicable to all railroads, as follows: Fertilizer Rates, Circulars No. 1-13; 
Cotton Seed and Cotton-seed Hulls, Circular No. 10; Cotton Rates, Circular 
No. 18. 



COMPLAINTS AND DECISIONS. 9 

ATLANTIC COAST LINE RAILROAD COMPANY 

to 

THE COMMISSION. 

Application to Abandon Lakewood Station. 

Petitioners in this case ask the Commission to allow the abandonment of 
Lakewood Station on the A. and Y. Division of petitioner's road, and to establish 
a station by same name at about one mile distant from the present location. 

Notice having been posted for thirty days by petitioner that application would 
be made to the Commission for the abandonment of this station, in accordance 
with the rule of the Commission, and no objection to same having been filed, 
petition was granted. 



CHARLOTTE SHIPPERS' ASSOCIATION 

versus 

SEABOARD AIR LINE RAILWAY COMPANY AND SOUTHERN RAILWAY 

COMPANY. 

The Charlotte Shippers' Association, through its Secretary, A. G. Craig, alleged 
that for a number of years defendant railroad companies had been switching and 
transferring cars from one warehouse to another warehouse, within the city 
limits of Charlotte, for the merchants of that city, charging for this service $1.50 
per car. That defendants had recently given notice that their charges for this 
service in the future would be $4.00 per car when between points on either of 
their own lines, and $5,50 per car when car was moved from a point on one line 
to a point on another line. 

Complainants alleged further that the business interests of the city had been 
organized with the view of handling traflBc by means of transferring certain 
products in freight cars, and in many instances warehouses had been constructed 
on defendants' railway tracks and in such a way as to be inaccessible by drays, 
which necessitated the handling of goods in cars, and that it is now unfair for 
the merchants and manufacturers to be conipelled to pay the advanced charges 
of $4.00 and $5.50 per car when petitioners' business had been planned and ware- 
houses built with the view of paying $1.50 per car. 

Complainants alleged that this advance in rates for the service performed was 
excessive, and the shippers are adversely effected by such advance, and asked 
that the Commission issue an order compelling the defendant companies to desist 
from such excessive charges and require them to restore the old rates. 

Complaints setting forth similar charges were also filed by the shippers of 
Marion, through their attorney, D. E. Hudgins, Esq. 

Defendants, in answering this complaint, said that they did not have, until a 
short while ago, a regular tariff covering the movement of cars from one private 
warehouse to another private warehouse, but admitted that they did, in certain 
specific cases, and as an accommodation to their patrons, undertake to perform 
such service at a nominal charge, but that the request for such movements be- 
came so numerous that they felt it necessary to adopt a regular tariff, and, in 
arriving at the figures, endeavored to fix same at the lowest rate at which they 



10 N. C. CORPORATION COMMISSION. 

felt they could afford to perform the service, and to that end adopted a uniform 
charge as follows: "For the movement of a car from one plant or warehouse to 
another planT or warehouse, located on same line, both plants or warehouses be- 
ing within the switching limits, a charge of $4.00 per car. When the service re- 
quired delivery over connecting lines, the delivering line to be allowed its usual 
switching charge of $1.50, in addition to the charge of $4.00." 

Defendants alleged that at these figures there was little or no margin of profit, 
and further that this rate was lower than the five-mile-and-under rate, which is 
authorized by the Commission. 

A day was fixed for the hearing of this matter, when defendants were repre- 
sented by the Traffic Managers of their respective companies. The Commission, 
after careful investigation and consideration, concluded that the advanced rate 
of charges for the service performed was excessive, and order was issued as 
follows: 

"The following has been adopted by the Corporation Commission as Rule 35%, 
and to be added to the Rules Governing the Transportation of Freight, already 
adopted by the Commission: 

"A charge of not more than $2.00 will be allowed for moving a car, without 
regard to weight or contents, from any point on any road to a connecting road, or 
from one warehouse to another warehouse, on the same road, within the space of 
three miles beyond the starting point: Provided, that this rule shall not apply 
to cars moving from one regular station to another regular station on the same 
line: And provided further, when a car is destined to a point on a connecting 
line, which requires switching, an additional charge of $1.50 may be made for 
switching, 

"Effective at once." 



THE WILMINGTON STREET RAILWAY COMPANY 

to 

THE COMMISSION. 

This was a petition on part of petitioners, asking that the Commission grant a 
postponement of the time for vestibuling their cars, alleging as follows: 

I. That on the 22d day of October, 1901, the Wilmington Street Railway Com- 
pany, having its place of business in the city of Wilmington, N. C, was sold 
under a decree of foreclosure duly made by the Circuit Court of the United 
States, and purchased by the petitioners. 

II. That for some months prior to the said sale the said company had been in 
the hands of a receiver, duly appointed by the said Circuit Court of the United 
States, in a cause in equity there pending, for the foreclosure of a mortgage of 
all the rights, property, franchises, etc., of the said company. 

III. That the deed to your petitioners for the said property, franchises, etc., of 
the said company was not executed until the 16th of November, 1901, and that 
your petitioners have not as yet been in a position to reorganize the said com- 
pany, as required by the statute law of the State. 

IV. That, upon coming into the possession of the premises of the said com- 
pany, your petitioners find that no provision had been made for vestibuling its 



COMPLAINTS AND DECISIONS. 11 

said cars, as required by the statute, and that in the short time which has elapsed 
since they came into possession of the said road, owing to the many burdens and 
difficulties acquired by them with the said purchase, they have been unable to 
comply with the statute and the rules and regulations of this Commission. 

Wherefore your petitioners pray, that the Commission will postpone the time 
for your petitioners to vestibule the said cars until November, 1902, in order to 
give your petitioners ample time to do the work, and to avoid the hardship and 
inconvenience to the traveling public, which will be necessitated by their at- 
tempting the work at the present time, and grant them exemption for such 
period. 

A day was set for hearing of the petition, at the office of the Commission, in 
Raleigh, and, after hearing of argument and careful consideration, it was ordered 
that the petition be granted. 



CANNON, FETZER & COMPANY 

• versus 
SOUTHERN RAILWAY COMPANY. 

Complainants in this case alleged overcharges and discrimination. Upon re- 
ceipt of the complaint, complainants were advised that, if they would inform 
the Commission of such charges as were made by defendant and furnish such 
information as necessary to an investigation, the matter would have immediate 
attention. 

No reply having been received to this communication of the Commission, case 
was dismissed. 



STILLEY 

versus 

OLD DOMINION STEAMSHIP COMPANY. 

Complaint of excessive freight charge on shipment of pony from Ocracoke to 
Washington. Upon investigation, it appearing that the charge was in line with 
tariff allowed defendant, case was dismissed. 



R. G. AUSTIN 

versus 

NORTH CAROLINA CAR SERVICE ASSOCIATION. 

Complainant in this case alleged a storage charge on a shipment of freight, in 
which an erroneous freight charge, was demanded, and which he refused to re- 
ceive same until freight charge, as demanded, was corrected to proper amount. 

After correspondence and personal interview with P. R. Albright, manager of 
defendant company, it appearing that the freight charge demanded was in excess 
of the proper charge and the delay in removing the freight was not any fault or 
negligence of plaint, the Commission was of the opinion that the storage col- 
lected should be refunded, and so ordered. 



12 N. C. CORPORATION COMMISSION. 

CITIZENS OP MURPHY 

versus 

ATLANTA, KNOXVILLE AND NORTHERN RAILWAY COMPANY. 

Complaint of passenger train service and condition of road-bed on the Murphy 
Division of defendant's road. 

The testimony in this case was heard by thfe Court, at Murphy, on the 30th day 
of April, 1902, at the request of both parties and for the convenience of wit- 
nesses. The plaintiffs were represented by Messrs. Dillard & Bell, and the 
defendant by R. N. Cooper, Esq. 

The members of the Commission inspected Comb's trestle and the roadway. 

It appears to the Commission, from complaint, answer, proofs and inspection, 
that several of the grievances existing at the date of filing complaint had been 
remedied by the defendants before the hearing at Murphy. For example, the 
shifting and switching at Blue Ridge by the crew of the Murphy train, whereby 
the schedule from Blue Ridge to Murphy was broken and passengers were unduly 
delayed, had been remedied and the schedule is now observed. The moving of 
cars ahead of the engine and of freight and flat-cars behind passenger cars for 
distribution between Blue Ridge and Murphy had been discontinued. The pas- 
senger coach complained of in complaint had been taken off and a satisfactory 
coach put in its place, and this coach is now kept neat and clean. 

It further appeared to the Commission that Comb's trestle is in need of repairs, 
and that the condition of the track and roadway should be improved, and 

It is ordered, that defendants report to this Commission on or before August 
1, 1902, what has been done since the 30th day of April, in the way of repairing 
Comb's trestle and improving the track of said road, and this cause is continued 
for further orders. 



CITIZENS OP HICKORY 

versus 

SOUTHERN RAILWAY COMPANY. 

Tljis was a complaint and petition signed by the citizens of Hickory, alleging 
that for several weeks the condition of defendant company's siding for unloading 
cars was such that it was impossible to get to the cars, for the reason that iron 
for the narrow-gauge road had been unloaded upon the depot grounds. 

Petitioners alleged that they were caused great inconvenience by reason of 
this, and asked that the Commission take such steps as necessary to have the 
abuse complained of remedied. 

Complaint was served and answer in due course was filed, through A. B. 
Andrews, Pirst Vice-President of defendant company, saying that the complaint 
should have been addressed to the Carolina and Northwestern Railroad Com- 
pany, a connecting line at Hickory, which company was responsible for the 
blocked condition of siding at that point, in that such company had failed to re- 
move large quantities of rail, angle bars, and other construction material be- 
longing to said Carolina and Northwestern Railroad Company, but that he had 
taken the matter up with the manager of the Carolina and Northwestern Rail- 
road Company, requesting immediate relief. 



COMPLAINTS AND DECISIONS. IS 

The case was called at a subsequent session of the Commission, and, it appear- 
ing that the relief asked for had been granted and that complainants were having 
no diiRculty in reaching cars for unloading and loading freights, and no further 
action being desired, case was dismissed. 



DENNIS SIMMONS LUMBER COMPANY 

versus 

ATLANTIC COAST LINE RAILROAD COMPANY. 

Complainants in this case alleged that they had a saw-mill plant at Elm City, a 
station on line of defendant's road, between Rocky Mount and Wilson, and that 
defendant company had no facilities for weighing lumber at the point of ship- 
ment; that they desired to prepay their freight, but on account of not having the 
facilities, had to wait until same was delivered at Pinner's Point and weights 
reported by agent to agent at Elm City, thus causing delay in making out bills to 
customers often times from three to five days. 

Complainants alleged further that they paid to the defendant company freight 
approximating $100.00 a day, and that the failure to provide scales for weighing 
this lumber promptly caused great inconvenience and loss, and demanded that 
defendant company be required to provide scales at Elm City for weighing and 
ascertaining proper weight of shipments tendered. 

Complaint served and defendant, answering, through its General Manager, 
J. R. Kenly, said: "It is not our practice to furnish track scales for lumber 
mills on our line. We have scales located at our principal terminals and inter- 
mediate terminals, where it is our practice to weigh car-loads of freight. Com- 
plainant has generally shipped to Pinner's Point, and, as soon as their lumber 
reaches there, it is weighed and the weights sent to their company at Elm City. 
Ordinarily, the lumber which leaves their mill in one day reaches Pinner's Point 
the next morning, so that there should be no unreasonable delay in furnishing 
them the weights, which can be done by telegraph. We regard this as an un- 
reasonable request. You can well understand that if we were required to put in 
track scales at all saw-mills along our line, the expense would be greater than 
we could bear, as track scales cost in the neighborhood of $1,000." 

A day was fixed for the hearing of this case at the office of the Commission, at 
which time John D. Biggs, representing complainants, and R. E. Smith, Assistant 
General Manager, representing defendant, appeared, and, after having a confer- 
ence with each other before the case was called, a satisfactory agreement was 
reached as to the manner of weighing complainants' lumber, and by consent of 
both parties case was withdrawn. 



CITIZENS OF CHERRYVILLE 

versus 

SEABOARD AIR LINE RAILWAY COMPANY. 

This was a complaint of failure of defendant company to provide a waiting- 
room at Cherryville station for the colored race. 

Complaint served and defendant answered that a waiting-room would be pro- 
vided at once. No further redress being asked, case was dismissed. 



14: N. C. CORPORATION COMMISSION. 

C. L. MURPHY 

versus 

ATLANTIC COAST LINE RAILROAD COMPANY. 

Complainant in this case alleged an excessive passenger charge, in that a rate 
of 31/^ cents per mile for first-class fare, and 3 cents per mile for second-class 
was charged over the branch roads of the Atlantic Coast Line Railroad Company. 

The Commissioners addressed a communication to the Traffic Manager of the 
defendant company, stating that inasmuch as the roads formerly composing the 
Atlantic Coast Line System had now been consolidated into one road, namely, 
Atlantic Coast Line Railroad Company, the same tariff should apply over all 
parts of the roads; that is, the Commissioners' Standard Tariff — 3i/4 cents per 
mile for first-class fare, and 2% cents per mile for second-class fare. 

A hearing was granted, and, after careful consideration, it was ordered, that 
the Commissioners' Standard Passenger Tariff be applied over all the roads and 
divisions composing the Atlantic Coast Line Railroad Company in North Caro- 
lina. 



G. W. MOORE & CO. 

to 
THE COMMISSION. 

Petitioners alleged that they were engaged in the manufacture of sawed lum- 
ber and excelsior, at Bryson City, N. C; that there was no market for said com- 
modities where the same was manufactured, and that the said petitioners were 
compelled to ship their products for the purpose of marketing to points at a 
distance from the place on the line of the Southern Railway, this being the only 
line of railway through or near Bryson City; that the freight rate charged on 
excelsior is unjust and excessive, when compared to other commodities of like 
nature and value; that, on account of such excessive rates, petitioners were un- 
able to compete with other manufacturers of excelsior who are more fortunately 
situated, and, unless they were given a more reasonable rate, they could not 
continue the manufacture of excelsior with any profit to themselves. The com- 
plainants further alleged that the freight rate on excelsior should not exceed the 
rate on cotton-seed hulls, or that of lumber. 

Defendants, the railway companies, in their answer, said: "Excelsior, in the 
classification, takes "D" rating, and that there are no commodity rates in 
North Carolina, and, with the exception of a plant at High Point, excelsior is not 
manufactured in this State, hence, there is no demand for an adjustment of rate 
on this commodity. You will readily see that a comparison between the rate on 
cotton-seed hulls and rate on excelsior is not pertinent — first, because there is no 
movement of hulls from Bryson City; second, there is no competition between 
these two articles; third, the character of the commodities is entirely different, 
and the volume of tonnage of cotton-seed hulls is very greatly in excess of the 
tonnage of excelsior. Excelsior will not load as heavy as lumber — lumber will 
average at least 40.000 pounds per car; excelsior, say 20,000 pounds. The com- 
plainants wsuld have little difficulty in disposing of their produce but for the 
local competition." 



COMPLAINTS AND DECISIONS. 



15 



The Commission, after careful consideration, was of the opinion that the 
classification of excelsior should be reduced, and an order was issued fixing a 
rate on this commodity applicable to all roads in the State, as follows: 



Excelsior— Pressed 


IN Bales, Per Car, 20,000 Pounds, 


Excess in Proportion. 


5 miles 


$8.80 


100 miles 


S20. 90 


10 miles 


- 9.90 


110 miles 

120 miles 


__ 20.90 


15 miles 


11.00 


22.00 


20 miles 


11.00 


130 miles 


22.00 


25 miles 


12.10 


140 miles 


_ 23. 10 


30 miles 


13.20 


150 miles 

160 miles 

170 miles.. ... 


23.10 


35 miles 


_ 15.40 


_ 26.40 


40 miles 


15.40 

17.60 


_ . 27.50 


45 miles 


180 miles 


28. 60 


50 miles 


17.60 


190 miles 


29.70 


55 miles _ 


18.70 


200 miles 

210 miles 


. . . 30.80 


60 miles 


18.70 


30.80 


5 miles 


18.70 


220 miles 


31.90 


70 miles 


18.70 


230 miles 


31.90 


75 miles 


19.80 

19.80 


210 miles 


. 33.00 


80 miles 


250 miles 


33. 00 


85 miles 


19.80 


260 miles 


34. 10 


90 miles 


19.80 


«70 miles 


34. 10 


95 miles _ 


... . 20.90 













SOUTHERN RAILWAY COMPANY 

to 

THE COMMISSION. 

This was a petition asking for the exemption of certain branch lines of peti- 
tioner's road from the Act of General Assembly providing for the separation of 
the white and colored races on trains carrying passengers in this State. Petition 
read as follows: 

The petition of Southern Railway Company, filed before this honorable body, 
asking for exemption and instructions under the Act of said State, passed to 
promote the comfort of travelers on railroad trains, and for other purposes, rati- 
fied the 4th day of March, 1899, amended on the 20th day of February, 1901. 

The railway company is advised that Section 2 of the original Act, as 
amended, should read as follows: 

"The Railroad Commissioners of this State, or the officers succeeding to their 
powers, are hereby authorized to exempt from the provisions of this Act branch 
line, narrow-gauged railroads and mixed trains, carrying both freight and pas- 
sengers, if, in their judgment, the enforcement of this Act be unnecessary to 
secure the comfort of passengers by reason of the light volume of passenger 



16 .• N. C. CORPORATION COMMISSION. 

traflBc, or the small number of colored passenger travelers on such narrow- 
gauged or branch lines, or mixed trains, carrying both freight and passengers." 

From the above it is obvious that the Legislature of said State foresaw the 
unnecessary hardships and expenses that would be thrown upon the railroad 
companies in the State by a literal compliance with the original text of the bill, 
and for this reason a discretion was given to your honorable body to adjust this 
burden so that the general objects of the bill might be attained without un- 
necessary burden upon the roads. 

We desire to carry out the Act in the best of good faith, and appeal to your 
discretion to exempt — 

1. All trains on the Chapel Hill Branch. These trains are all mixed service, 
and are run by the Southern Railway Company almost solely for the accommoda- 
tion of the people needing such service. 

2. On the Atlantic and Yadkin Branch. Exempt mixed trains Nos. 18 and 19, 
between Sanford and Mount Airy; trains Nos. 46 and 47, between Stokesdale and 
Ramseur. These are mixed trains with very light passenger travel. 

3. On the Wilkesboro Branch. Exempt trains Nos. 105 and 110, between Win- 
ston-Salem and Wilkesboro, on account of light travel using that service. Exempt 
trains Nos. 155 and 156, between Greensboro and Wilkesboro, same being mixed 
seryice. 

4. All trains on Ashehoro Branch. Account of light travel and mixed service. 

5. Trains 11 and 12, and hi ctnd 42, between Greensboro and Goldsboro, these 
being mixed trains. 

6. Trains 29, 30, 33, 34, 35, 36, 37, 38, 39, 40 and 31 and 32, when on, account 
same being our fast through trains, making few stops, and intended not to 
handle local travel, between Danville and Charlotte. These trains are not in- 
tended to stop at our local stations, but in order to accommodate the public and 
meet competition with other through lines, are compelled to make the greatest 
speed practicable with safety, and negroes very seldom patronize the same. 

7. Keysville and Durham Branch. Exempt trains Nos. 71, 74, and 61 and 62, 
the same being mixed service. 

8. Oxford and Henderson Branch. Exempt all trains between Oxford and 
Henderson, as they are mixed service only. 

9. Asheville Division, between Salisbury and Asheville. Exempt trains 35 
and 36, same being fast through trains, making few stops, and not used for local 
travel, having little or no patronage from negroes. 

10. All trains on Murphy Branch. There is very little colored travel in that 
region, and the grades are so heavy that the company can not safely handle an 
additional coach. 

11. Between Charlotte and Statesville. Trains Nos. 23 and 24. There is very 
little travel on these trains, and they were put on recently simply to form a con- 
nection with fast through trains Nos. 35 and 36. 

12. Between Statesville and Taylorsville. Trains Nos. 16 and 17, the same be- 
ing mixed. 

13. Between Salisbury and Norwood. Trains Nos. 21 and 22, the travel thereon 
being very light, and same only run for the accommodation of the people; also,, 
trains Nos. 47 and 48, the same, being mixed. 



North Carolina »■?» library 
Raleigh 

COMPLAINTS AND DECISIONS. 17 

14. Between Winston and Mooresville. Trains Nos. 115 and 116, the travel on 
same being very light, and run simply for the accommodation of the people. 

15. Between Winston and Charlotte. Trains Nos. 80 and 81, the same being 
mixed. 

We ask your early consideration and decision on this application, and if you 
so desire the company will be glad to furnish you the fullest information as to 
the character of the trains and the service they do by some officer of the company 
having knovv^ledge of all necessary information. 

The Commission, after careful consideration, granted the petition, and so 
ordered. 



BERNHARDT 

versus 

CALDWELL AND NORTHERN RAILWAY COMPANY A_ND CAROLINA AND 

NORTHWESTERN RAILWAY COMPANY. 

Complainant in this case alleged an erroneous charge of 25 cents per car on 
car-loads of lumber, collected for cars while held for unloading, in addition to 
charges beyond the usual time allowed for unloading. 

It appeared, after much correspondence in- this case, that defendant was charg- 
ing complainant 25 cents more than the rule allov/ed, by reason of the manner 
of computing time, and it was ordered that the defendant, Caldwell and North- 
ern Railway Company, should refund the complainant the charge of 25 cents on 
such cars in which there was no delay, and desist in the future from making 
such charge. 



SCROGGS 

versus 

SOUTHERN RAILAVAY COMPANY. 



This was a complaint of facilities at Morganton, a station on line of defendant 
road, for the unloading of car-loads of coal. Petitioner asked that defendant be 
required to extend its siding and build a coal chute. 

This matter was taken up by correspondence with F. S. Gannon, Vice-President 
of defendant company, and, after much correspondence, he agreed that his com- 
pany would build, at its own expense, a coal trestle necessary for the convenience 
of unloading coal, as set out in the petition. No further relief being demanded 
by petitioner, case was dismissed. 



CITIZENS OF BECK 

versus 

SOUTHERN RAILWAY COMPANY. 

This was a petition by citizens living at and in the neighborhood of Beck, a 
station on the Mocksville branch of defendant road, asking for the building of a 
depot and the establishment of an agency. 

1 2 



lb N. C. CORPORATION COMMISSION. 

Petitioners alleged that a very large area of country would patronize and 
would be convenienced by the establishment of a regular station with accommo- 
dations at said Beck station. 

Defendant, in its answer to the petition, said that trains were stopped at the 
point referred to for special accommodation for the few people to be benefited 
thereby, and not because the business warranted same. Defendant alleged fur- 
ther that the revenue derived from both freight and passenger service for the 
previous 12 months was less than $250. 

After further investigation, it appearing that the business that would be 
offered at this station would not be sufficient to justify the establishment of a 
depot and agency, and it further appearing that there was a regular depot with 
freight and passenger accommodations within five miles of this place, the case 
was dismissed. 



GOLDSBORO BUGGY COMPANY 

to 

THE COMMISSION. 

This was a petition of the Goldsboro Buggy Company, asking that the classifi- 
cation on buggies in car-load lots be reduced from first-class to third-class. Peti- 
tioners alleged that common furniture in North Carolina is classified at third- 
class, and that a car-load of same will exceed in value that of a car-load of bug- 
gies, while buggies are classified as first-class. 

After correspondence with petitioners and the defendants, the railroad com- 
panies, and before hearing of petition, the Commission was notified of the with- 
drawal of the petition by petitioners. Permission to withdraw being granted, 
further consideration of the subject-matter of the petition was closed. 



Fulton vs. Norfolk and Western Railroad Company. Complaint of train 
connection at Walnut Cove. Dismissed. 

A. H. Slocomb vs. Seaboard Air Line Railway. Complaint of the freight rate 
on stave timber and logs. Adjusted. 

Southerland & Co. vs. Atlantic Coast Line Railroad Company. Complaint 
of over-charge on shipment of apples. Dismissed. 

Atlantic Coast Line Railroad Company to The Commission. Application to 
apply reduced rate on shipment of lumber for manufacturing plant at Fayette- 
ville. Granted. 

Hickory Milling Company vs. Southern Railway Company. Application for 
milling in transit rates on grain. Dismissed. 

HuTTON & BouRBONNAis VS. SOUTHERN RAILWAY COMPANY. Complaint of 'over- 
charge. Adjusted. 

Acme Manufacturing Company vs. Seaboard Air Line Railway. Complaint 
of over-charge on shipment of fifty barrels of lampblack. Claim allowed and 
over-charge refunded. 



COMPLAINTS AND DECISIONS. 19 

McKiNNON VS. North Carolina Car Service Association. Complaint of exces- 
sive storage charges on car-load shipment of cotton. Adjusted. 

Best & Cook vs. Atlantic Coast Line Railroad Company. Petition for siding. 
Dismissed. 

Henry Kirby vs. Atlantic Coast Line Railroad Company. Petition for a flag 
station. Dismissed. 

Seawell vs. Southern Railv^ay Company. Complaint of over-charge in 
freight rate on horse. Claim allowed and over-charge refunded by defendant. 

Maddrey vs. Southern Express Company. Complaint of refusal of Express 
Company to receive packages after departure of trains. Adjusted. 

Southern Railway Company to The Commission. This was an application on 
part of petitioner, asking authority to grant one-half freight rate from Raleigh 
to Oxford on engine for Oxford Orphan Asylum. Granted. 

Southern Railway to The Commission. Application of petitioner to authorize 
one-half freight rate on shipment of 11,000 pounds of sheet tin, donated to the 
Oxford Orphan Asylum by the Blackwell-JJurham Tobacco Company. Granted. 

Cooper vs. Southern Express Company. Complaint of discrimination in 
freight rates. Adjusted. 

Seaboard Air Line Railway to The Commission. Application of plaintiff for 
authority to apply reduced freight rate on engine, boiler, etc., moving from 
Creedmore to Clay, on account of establishing a new saw-mill plant. Granted. 

Sanders vs. Atlantic and North Carolina Railroad Company. Complaint of 
excessive freight rate on package shipments from New York to Morehead City. 
Dismissed. 

Owens Bros. vs. Southern Railway Company. Complaint of damage to ship- 
ments of stoves on account of breakage. Claim for damage paid by defendant 
and case closed. 

Seaboard Air Line Railway to The Commission. This was an application on 
the part of petitioner, asking that the Commission authorize the refunding of 
one-fourth the freight charges on shipments of brick and building material for 
the rebuilding of stores and warehouses destroyed by fire at Laurinburg. Granted. 

HuGGiNS vs. Southern Railway. Claim for over-charge. Adjusted. 

White Furniture Company vs. Southern Railway Company. Complaint 
alleging that defendant company had changed its classification on common furni- 
ture, thereby causing an increase in the freight rate. Adjusted. 

Hathaway vs. Norfolk and Southern Railroad Company. Complaint of ex- 
cessive freight rate and over-charge on shipment of printed matter. Over-charge 
refunded and case closed. 

Phillips vs. Southern Express Company. Claim for damage to pictures 
shipped from Baltimore to Hillsboro. Claim allowed and paid by defendant. 



20 N. C. CORPORATION COMMISSION. 

Caldee Brothers vs. Seaboard Air Line. This was a claim for over-cliarge, 
amounting to $210.88, on various shipments of fertilizers. Over-charge allowed 
and ordered refunded. 

John F. McNair vs. Seaboard Air Line Railway. This was a complaint of 
discrimination against Laurinburg, N. C, in favor of Wilmington, N. C, on car- 
load shipments of flour from Nashville, Tenn., to Laurinburg, N. C. This was a 
shipment of interstate commerce, but it appeared to the Commission that Laurin- 
burg was discriminated against, in that the freight rate charge was in excess of 
the combination on Wilmington, the farther distance point. This being a matter 
in which the Commission could take no jurisdiction, it was referred to the Inter- 
state Commerce Commission for redress. 

ToMLiNSON Chair Manufacturing Company 'vs. Southern Railway Company. 
This was a claim of over-charge on shipment of furniture from Boston, Mass., to 
High Point, N. C. Upon investigation it appeared that this shipment was one of 
interstate commerce and the rate of freight charged was as filed and approved 
by the Interstate Commerce Commission and case was dismissed. 

Piedmont Wagon Company vs. Southern Railway Company. Complaint and 
claim for over-charge. Adjusted. 

Rocky Mount Mills vs. Atlantic Coast Line Railroad Company. Complaint 
of change in freight rate on cotton. Adjusted. 

Fred. Oliver vs. Charlotte Electric Railw^ay, Light and Power Company. 
Complaint of arbitrary rules of defendant company in regard to the collection of 
light bills. Dismissed for want of jurisdiction. 

Nanney & Morris vs. South Carolina and Georgia Railroad. Complaint of 
excessive passenger tariff. Adjusted. 

\Y. B. Ferguson vs. Southern Railway Company. Complaint and claim for 
over-charge on shipment of desks. Adjusted. , 

Patton vs. Southern Railway Company. Complaint of passenger train ser- 
vice. Dismissed. 

Citizens of Waynesville vs. Southern Railway Company. This was a peti- 
tion asking that defendant company be required to operate a Sunday train on the 
Murphy branch of defendant's road, between Asheville and Bryson City. 

Startown Nursery Company vs. Southern Railway Company and Carolina 
AND Northwestern Railroad. Complaint of freight service. 

Merchants' Grocery Company vs. Southern Railway. Complaint of dis- 
crimination in freight rates. Adjusted. 

Smith & Gilchrist vs. Atlantic Coast Line Railroad Company. Application 
for change in freight rate on acidulated rock. 

A. S. Speer vs. Southern Railway Company. Petition asking for the estab- 
lishment of depot agency. Dismissed. 

W. O. RiDDicK vs. Western Union Telegraph Company. Complaint of over- 
charge on telegraphic message between Wake Forest and Elizabeth City. Over- 
charge refunded and case closed. 



COMPLAINTS AND DECISIONS. 21 

Murdoch Wiley vs. Southern Railway Company. This was a complaint 
against defendant for failure to weigh car-load shipments of coal. Complainant 
was advised that it was the duty of the railroad company to weigh shipments of 
coal, if possible, and if actual weights could not be ascertained, then estimated 
weights should be as per schedule. Rule No. 20. This appearing satisfactory to 
the complainant, the case was dismissed. 

Washington and Plymouth Railroad Company to The Commission. Applica- 
tion for exemption from the provisions of the Act requiring separate accommoda- 
tions on its passenger trains between Washington and Plymouth. Granted. 

Washington and Plymouth Railroad Company to The Commission. Comes 
the Washington and Plymouth Railroad Company, upon the request of the Com- 
mission, and submits a passenger and freight tariff, as follows: Passenger 
Tariff, one fare, rate of 3 cents per mile; Freight Tariff, Commissioners' Stan- 
dard Tariff. Approved. 

R. J. Gaston vs. Southern Railway Company. Complaint of discrimination 
in the application of milling in transit rates. Adjusted. 

Burke Tanning Company vs. South Carolina and Georgia Railroad Company 
and Southern Railway Company. Claim for over-charge in freight rate on 
shipments of tan bark. Over-charge refunded and case dismissed. 

C. S. Williams vs. Seaboard Air Line Railway. Complaint of failure of de- 
fendant to furnish freight rates and move freight promptly. Adjusted. 

Templeton vs. Southern Railway Company. Complaint of the failure of de- 
fendant's agent at Cary to provide fires and keep waiting-room comfortable. 
Adjusted. 

John H. Pearson vs. North Carolina Car Service Association. Complaint of 
storage charges. Dismissed. 

North Carolina Corporation Commission vs. Southern Railway Company. 
Complaint of passenger train service on the Murphy Division of defendant's road. 
It appeared in this case that much delay was occasioned to the passenger train 
on account of such train doing a freight business. Defendant company was ad- 
vised that the passenger service should not be diminished by the handling of 
freight cars, but that this service should be performed by defendant's freight 
trains. 

John H. Pearson vs. Southern Railway Company. Claim for damage on ac- 
count of lost freight. Claims paid and case dismissed. 

Stebbins, Lawson & Spragins Company vs. Seaboard Air Line Railway. Com- 
plaint of delay in transporting freight from South Boston, Va., to Monroe, N. C. 
Defendant, in this case, answered that it would in the future use its best efforts 
to have complainant's shipments moved promptly. 

Cloyd & Johnson vs. Southern Railway Company. Complaint of over-charge. 
It appearing in this case that complainant was not over-charged, case was 
dismissed. 



22 N. C. CORPORATION COMMISSION. 

Oakdale Cotton Mills to The Commission. This was an application on part 
of petitioner, asking that the Commission require the fast trains of the Southern 
Railway stop at Jamestown. It appearing in this case that the law provides for 
the running of through trains without stopping at all stations, and that the 
Commission had no control of same, the case was dismissed. 

J. E. Ba-Nzet vs. Seaboard Air Line Railway. Claim for damage on account 
of lost freight. Claim paid and case dismissed. 

Kearney vs. Railroads. Complaint of excess baggage charge. Dismissed. 

A. C. Moore vs. Atlantic Coast Line Railroad Company. .Claim for over- 
charge on bacon. Over-charge refunded. 

Blount vs. Seaboard Air Line Railway. Complaint of failure of defendant 
to protect freight rate guarantee by bill of lading. Adjusted. 

J. E. Banzet vs. Seaboard Air Line Railway. Claim for damage to shipment 
of strawberries. Claim paid. 

Keith & Co. vs. Atlantic Coast Line Railroad Company. Claim for damage 
on account of lost freight. 

Creech & Fields vs. Atlantic and North Carolina Railroad Company. Claim 
for damage on account of lost freight. Dismissed. 

Oscar High vs. Southern Railway Company. Claim for over-charges. Dis- 
missed. 

Citizens of China Grove vs. Southern Railway Company, Petition for depot 
accommodations. Dismissed. 

W. F. Wood vs. South Carolina and Georgia Extension Railroad Company. 
Claim for over-charge on shipment of logs. Adjusted. 

Hill et al. vs. Southern Express Company. Complaint of discrimination in 
express rates on shipmenfs of lettuce in favor of Magnolia against the town of 
Warsaw. Adjusted. 

Seaboard Air Line Railway to The Commission. Application for revision of 
freight rate on sand. Granted. 

J. W. Scott & Co, vs. Southern Railway Company, This was a claim for 
damage on account of shipment of dry goods destroyed by fire at station of 
defendant company. It appearing in this case that complainant's remedy against 
the road for damages sustained would be by instituting suit in the Courts, the 
case was dismissed. 

The Star Publishing Company vs. Southern Railway Company, Claim for 
over-charge. Over-charge refunded and case dismissed. 

Grigg vs. Southern Express Company. This was a petition asking that de- 
fendant be required to establish an up-town express office in the town of Lincoln- 
ton. Granted. 

Southern Import and Commission Company vs. Southern Railway. This 
was an application asking that the Commission change the classification on 



COMPLAINTS AND DECISIONS. 23 

carpet lining on shipments to and from points within this State to points without 
the State. Dismissed for want of jurisdiction. 

Seaboard Air Line to The Commission. Application to be authorized to apply 
reduced rate on building material from Cliffside Mills to Caroleen, N. C, on 
account of the construction of a cotton mill. Granted. 

Richardson Drug Company vs. Southern Railway Company. Complaint of 
freight service. 

Aberdeen and Asheboro Railroad Company to The Commission. Application 
to allow a refund of freight rate on shipment of wood. Denied. 

Peiddy & Co. vs. North Carolina Car Service Association. Claim for error in 
storage charges. Adjusted. 

Wright vs. Atlantic Coast Line Railroad Company. Claim for damage to 
trunk. Dismissed for want of jurisdiction. 

Charlotte Shippers' Association vs. Railroads. Complaint of discrimination 
against Charlotte in freight rates from Cincinnati, New Orleans, St. Louis, and 
other points. This being a matter of interstate commerce, complainant was ad- 
vised to bring same before the Interstate Commerce Commission for redress. 

A. H. Slocomb vs. Seaboard Air Line Railway. Complaint of failure of de- 
fendant to furnish freight rates promptly. Adjusted. 

Aberdeen and Asheboro Railroad Company to The Commission. Application 
of petitioner to apply Commissioners' Standard Tariff on fertilizer. Granted. 

Bridgers & Forbes vs. East Carolina Railway Company. Complaint of 
freight service. 

Surry Lounge Company vs. Southern Railway Company. Application for 
classification on lounges. Granted. 

Sanders vs. Atlantic Coast Line Railroad Company. Claim for damage on 
account of lost shipments of hams. Claim allowed, paid and dismissed, 

Wellington and Powellsville Railroad Company to The Commission. Appli- 
cation to be authorized to apply schedule of freight rates from Washington, N. C, 
to landings on the Cashie River, and other points. Rates filed and approved. 

Lambeth & Bro. vs. Seaboard Air Line Railway. Complaint of failure of 
defendant to pay for stock killed. Complainants were advised that the subject- 
matter of the complaint was not within the jurisdiction of the Commission, and 
that they must look to the Courts for redress. 

Piedmont Wagon Company vs. Southern Railway Company and Seaboard Air 
Line Railway. Claim for over-charge on shipment of wagons. Over-charge 
refunded. 

Grimes Bros. vs. Southern Railway Company. Complaint of failure of de- 
fendant to transport shipments of freight promptly. Adjusted. 

Stebbins, Lawson & Spragins Company vs. Atlantic Coast Line Railroad 
Company. Complaint of failure of defendant to transport promptly shipments of 



24: N. C. CORPORATION COMMISSION. 

freight tendered at South Boston, Va., and destined to Wilmington, N. C. 
Adjusted. 

W. H. TowNSEND vs. Atlantic and North Carolina Railroad Company. Claim 
for damage on account of lost shipments of household goods. Adjusted. 

Dr. Isaac M. Taylor vs. Southern Railway Company. Complainant in this 
case alleged that the railroad crossing at Morganton was a dangerous one to the 
public, as it was impossible to see an approaching train from either direction. 
Defendant company, answering the complaint, stated that a 10-inch crossing 
gong, operated by electricity, had been installed at this place, which would give 
the relief desired by complainant. 

Tomlinson Chair Company vs. Southern Railway Company. Complaint of 
discrimination in freight rates on chair stock. Dismissed for want of answer 
from complainant. 

John G. Young vs. Southern Railway Company. Claim for damage on ac- 
count of shortage in coal. Complainant was advised that he should look to the 
Courts for redress. 

Citizens of Lincolnton vs. Western Union Telegraph Company. This was a 
petition asking that defendant be required to establish an up-town telegraph 
office in the town of Lincolnton. Granted. 

Asheville Chamber of Commerce vs. Southern Railway Company. Com- 
plaint alleging discrimination in freight rate on coal from Coal Creek, Tenn., to 
Asheville, N. C, compared with the rates on coal to other Southern cities. This 
being a matter of interstate commerce, case was dismissed upon advice to bring 
same before the Interstate Commerce Commission, if desired. 

Piedmont Wagon Company vs. Southern Railway Company. Complaint of 
over-charge in freight rate on wagons between Hickory and Mooresville. Over- 
charge allowed and ordered refunded. 

Startown Nursery Company vs. Southern Railway Company. Complaint of 
freight service. Dismissed. 

ISADORE Martin, Treasurer Keasley School vs. Atlantic Coast Line Railroad 
Company. Petitioner in this case asks that the Commission require defendant 
company to stop its trains for passengers between Enfield and Whitaker's, at a 
point opposite complainant's school. Denied. 

South and Western Railway Company to The Commission. Petitioner files a 
schedule of freight and passenger rates, asking that the Commission approve 
same, as follows: Passenger, first-class, .5 cents a mile; second-class, 4 cents a 
mile. Freight, Commissioners' Standard Tariff, with 50 per cent added. Ap- 
proved temporarily. 

Briggs & Sons vs. Southern Railway Company. Delay in forwarding and 
transporting car-load of sewer pipe from Greensboro to Raleigh. Adjusted. 

J. H. Culbreth vs. Atlantic Coast Line Railroad Company. Complainant in 
this case is a general merchandise broker at Fayetteville, N. C, alleging that he 
bought a car-load of flour in St. Louis, and that same was billed via Southern 






COMPLAINTS AND DECISIONS. '25 

Railway and Atlantic Coast Line via Wilmington to Fayetteville; that Seaboard 
Air Line got control of said car and took same to Wilmington and tendered it to 
the Atlantic Coast Line at that point; that the Atlantic Coast Line refused to 
receive the car and forward same to Fayetteville, the destination of car. De- 
fendant, answering this complaint, stated that the car was not billed through to 
Fayetteville, but only to Wilmington, and that the reason for the refusal to 
receive the car was, that it did not care to pay the freight charges to Wilmington 
and be responsible for same. Complainant was advised to pay freight charges at 
Wilmington and then tender same to the Atlantic Coast Line Railroad Company, 
and that such company would be obliged to receive and forward it. 

SuBLETT Hay Company vs. North Carolina Car Service Association. This 
was a complaint of a wrongful storage charge on a car-load of hay, complainant 
alleging that no notice of arrival of said car had been received. Defendant, an- 
swering the complaint, expressed a willingness to refund the charge made. 

Norfolk and Southern Railroad Company to The Commission. This was an 
application on the part of defendant company, asking permission of the Commis- 
sion to abandon Pikeroad staUon and to erect a new station two miles south of 
Pikeroad station. Defendant having posted in three public places, for thirty 
days, that application would be made to the Commission, as above stated, an(^ no 
opposition being shown against the removal of the station, application was 
granted. 

rliLiON Lumber Company vs. Atlantic Coast Line Railroad Company. Coilt- 
plainants in this case allege that defendant had raised its rate of switching and 
transfer charges on car-loads of lumber, destined to complainants' mill, near 
Wilmington, from $3.50 to $5.00 per car. This complaint was served on defend- 
ant with request for answer. The case was called at a subsequent session of the 
Commission, and, it appearing that the matters complained of had been adjusted 
and complainants had no further cause for action, the case was dismissed. 

Clement-Ross Manufacturing Company vs. Seaboard Air Line Railway Com- 
pany. Complainants in this case alleged that defendant company had failed to 
comply with Circular No. 14 of the Commission, fixing a schedule of freight rates 
on rough logs, such as dogwood, hickory, persimmon, etc., and by reason of the 
failure of defendant to comply with rates therein named, complainants were over- 
charged to the amount of $558.14. Complaint was served on defendant with the 
request that the claim for over-charges, as set out by complainants, was correct, 
and that the amount should be refunded. At a subsequent session of the Com- 
mission, it appearing that the over-charges claimed had been refunded and that 
complainant was satisfied, the case was dismissed. 

Cobb, Wilson & Co. vs. Southern Railway. Complainants in this case asked 
that the Commission reduce the classification of hoops, within the State of North 
Carolina, from Class A to Class O. Application granted. 

Thurston Bro. vs. Southern Railway Company. Claim for over-charge of 
cotton shipped from Jackson, Miss., to Burlington, N. C. Overcharge refunded 
and case closed. 



26 N. C. CORPORATION COMMISSION. 

Jordan & Bro. vs. Southern Railway Company. Complainants in this case are 
engaged in saw-milling business on the line of defendant's road, and petition 
the Commission to require defendant to place a siding from its main line road to 
their mill. This matter was investigated, and, it appearing that defendant com- 
pany had sufficient side-track on the opposite side of the road from where com- 
plainants' mill was located, and that the business of petitioners would not 
justify the building of additional side-tracks, the case was dismissed. 

D. A. Tompkins vs. Seaboard Air Line Railway and Carolina and North- 
western Railway Company. Complainant in this case asks that the Commis- 
sion require defendants to make a track connection at Lincolnton, a point where 
defendants' roads cross each other, for the inter-change and transfer of freights. 
Petition granted. 

Jas. a. Sanders vs. Atlantic Coast Line Railroad Company. Claim for dam- 
age on account of lost freight. Claim paid and case closed. 

Stainback vs. Seaboard Air Line Railway. Complainant in this case asks 
that the Commission require defendant company to operate a morning passenger 
train into Raleigh from Henderson over the Raleigh and Gaston Division of its 
road. Defendant, answering complaint, stated that it had carefully looked into 
the matter of the additional service asked for by complainant, but that it did not 
appear that the travel would justify such additional train. Complainant was 
advised by the Commission that, unless it could be demonstrated that the travel 
would be sufficient to justify the expense of running another train, the railroad 
company could hardly be forced to put on such additional train. 

Julian Milling Company vs. Southern Railway Company. Petition for side- 
track facilities. It appearing in this case that the business of petitioner would 
not justify the expense of the side-track facilities desired, the case was dismissed. 

A. P. Roberts vs. Southern Railway Company. Complaint of train service on 
the Murphy branch of defendant's road. Defendant, in this case, answered that 
the service would be improved. 

Pollock vs. Southern Express Company. Complaint of refusal of Express 
Company to receive express after departure of trains. Defendant answered that 
the refusal to receive express was an error on the part of the agent, and in the 
future there would be no cause for complaint. 

C. P. Aycock vs. Norfolk and Southern Railroad Company. Complaint of 
over-charge. Over-charge refunded by defendant and case closed. 

R. M. Person vs. Seaboard Air Line Railway. Complaint of classification of 
shooks. It appearing that the shipments in this case were from beyond the limits 
of the State and interstate commerce, the Commission having no jurisdiction over 
same, the case was dismissed. 

R. E. Brown vs. Seaboard Air Line Railway. Complaint of failure of defend- 
ant to route car-load of lumber as directed. Adjusted by defendant and case 
closed. 

Carolina Peanut Company vs. Seaboard Air Line Railway Company. Com- 
plaint of discrimination against Weldon, N. C, in favor of Suffolk, Va., on ship- 



COMPLAINTS AND DECISIONS. 27 

ments of peanuts from Weldon to Western points. This being a matter of inter- 
state commerce, the complainant was advised to bring his case before the Inter- 
state Commerce Commission, and that this Commission would assist them in any 
way it could. 

R. L. Davis & Bros. vs. Atlantic Coast Line Railroad Company. Complaint 
of freight and express services. Defendants in this case answer that the service 
complained of would have special attention. This being satisfactory to the 
complainant, case was dismissed. 

The Worth Company vs. North Carolina Car Service Association. Com- 
plaint of wrongful storage charges. Charges complained of refunded and case 
closed. 

COOLEEMEE COTTON MiLLS VS. WESTERN UNION TELEGRAPH COMPANY. ComplaiUt 

eft over-charge on telegraphic message. 

Star Chair Stock Company vs. Durham and Charlotte Railroad Company. 
Complaint of freight rate on logs. Letter of explanation to complainant and 
case closed. 

Watt vs. Southern Railway Company. Complaint of the failure of defendant 
company to provide separate cars for the white and colored races. It appearing 
that defendant was complying with the law, case was dismissed. 

Ravenel & Co. vs. Polk County. Complaint of excessive tax rate. Dismissed. 

Zimmerman & Co. vs. Southern Railway Company. Complaint of freight rate 
on apples between Black Mountain and Charlotte. Adjusted and case closed. 

Ayden Milling and Manufacturing Company vs. Atlantic Coast Line Rail- 
road Company. Complainants in this case alleged that they were required to 
pay freight on such shipment of goods as were lost in transit, only part of ship- 
ment having been received. Complainant was advised that, when only a portion 
of shipments shall have been received at the place of destination, the agent of 
the railroad company can not demand any part of the charges for freight for such 
portion of the shipment as has not been received. 

Southern Railway Company to The Commission. Application of petitioner to 
authorize the transportation of tents belonging to the State for the purpose of the 
encampment of the Confederate Veterans at Greensboro. Granted. 

R. M. Person vs. Seaboard Air Line Railway Company. Complaint of the 
failure of defendant company to provide separate cars for the races on the 
express train of defendant company, leaving Raleigh at 1 a. m., going north. It 
appearing that this train is an express, or through train, and is exempt from the 
provisions of the law requiring separate accommodation for the races, the case 
was dismissed. 

S. S. McNiNCH vs. Southern Railway Company. Complaint of freight rate on 
brick. 

Charlotte Shippers' Association to The Commission. Petitioners in this case 
ask that the Commission reduce the classification of leather slabs from third- 
class to fifth-class, alleging that slabs are shipped in bales and the pieces will 



28 N. C. CORPORATION COMMISSION. 

average from 5 to 7 feet in length. That they are the strippings from regular 
sole leather, which takes third-class, but which are only about 60 per cent of the 
value of leather ordinarily shipped in rolls. After careful consideration, the 
Commission was of the opinion that the classification should not be reduced, and 
the petition was ordered dismissed. 

Merchants' Grocery Company vs. Southern Railway Company. Complaint 
of freight service between Greensboro on shipments routed via Sanford to points 
on Seaboard Air Line. It appearing that the service complained of had been 
bettered and no further action demanded by complainants, case was dismissed. 

Charlotte Shippers' Association to The Commission. Petitioner in this case 
asks that the Commission reduce the classification of cotton mattress felt to fifth- 
class. Petition granted and case closed. 

G. W. Lewis vs. Fremont and Pinkney Telephone Company. Complainant* in 
this case alleges that he is discriminated against in the matter of telephone ac- 
commodations. Dismissed. 

Richardson Drug Company vs. Southern Railway Company. Complaint of 
discrimination. Dismissed. 

Madison Grocery Company vs. Southern Railway Company. Complaint of 
freight service. Adjusted. 

Peterson & Co. vs. Atlantic Coast Line Railway Company et al. Complain- 
ants in this case allege discrimination against Washington, N. C, in favor of 
Elizabeth City in freight rates on shipments from Louisville, Ky. Dismissed 
for want of jurisdiction. 

Cape Fear and Northern Railroad Company to The Commission. Comes the 
petitioner and files a schedule of freight rates on cotton, asking for its adoption. 
Schedule approved. 

Seaboard Air Line Railroad to The Commission. Comes petitioner asking to 
be allowed to apply a reduced rate on old lumber and brick-yard material from 
Stouts, N. C, to Charlotte, N. C, on account of a developing of manufacturing 
interests. Granted. 

Meyer vs. Atlantic Coast Line Railway Company. Complaint of over-charge 
in freight rate on bananas. Dismissed. 

W. H. Townsend vs. Atlantic and North Carolina Railroad Company. Claim 
for damage on account of lost freight. Adjusted. 

Ore Hill Manufacturing Company vs. Southern Railway Company. Com- 
plaint of failure of defendant to receive and forward shipments promptly. 

W. R. Chesson vs. Atlantic Coast Line Railroad Company. Claim for dam- 
age on account of lost freight. Claim paid by defendant and case closed. 

Peterson & Co. vs. Norfolk and Southern Railroad Company. Complaint of 
of excessive freight rate. Adjusted. 

C. P. Aycock vs. Western Union Telegraph Company. Petition for the re- 
establishment of a telegraph office at Pantego. Dismissed. 



COMPLAINTS AND DECISIONS. 29 

M. A. BuiE vs. Atlantic Coast Line Railroad Company. Petitioner in this 
case asks that the Commission require defendant company to provide sufficient 
side-track facilities at his saw-mill plant, situated at Red Springs, on the line of 
the defendant road. Petition granted and case closed. 

MORGANTON MANUFACTURING COMPANY VS. SOUTHERN RAILWAY COMPANY. ThiS 

was a complaint of various over-charges on shipments of lumber. It appearing 
that the claims for over-charges by complainant were correct, defendant was re- 
quested to refund same, which was done. 

Pearl Roller Mills vs. Southern Railway Company. Claim for damage to 
the amount of $61.84, on account of lost freight. Claim paid by defendant and 
case closed. 

Geo. D. Green vs. North Carolina Car Service Association. Claim for refund 
of demurrage charges. Adjusted. 

Greensboro Nursery Company vs. Southern Railway Company. Complaint 
of freight rate on peach seed, and asking that the classification be changed from 
sixth-class to Class D. Denied. 

R. G. Austin vs. North Carolina Car Service Association and Carolina Cen- 
tral Railroad Company. Complaint of storage charge. Adjusted. 

Marriner vs. Norfolk and Southern Railroad Co:mpany. Complaint of exces- 
sive freight charges. Dismissed. 

Cooleemee Cotton Mills vs. Seaboard Air Line Railway. Complaint of dis- 
crimination. • Closed. 

Wilson Black vs. Western Union Telegraph Company. Complaint of over- 
charge on telegraphic message. Over-charge refunded and case closed. 

Aurora Cotton Mills vs. Southern Railway Company. Claim for over- 
charge. Over-charge refunded and case closed. 

Dobbin & Ferrall vs. Seaboard Air Line Railw^ay. Claim for damage on ac- 
count of lost freight. Adjusted. 

TuLL vs. Southern Railway Company. Complaint of the failure of defendant 
to provide and keep open separate waiting-rooms for the white and colored races 
at Morganton. Defendant aiiswered that the relief asked would be granted, and 
that in the future there would be no further cause for complaint. 

Salem Iron Works vs. Soi^thern Bell Telephone Company. This was a com- 
plaint of the rates for telephone service at Winston. In this case, it appearing 
that no rates had been approved for the defendant company, defendant was asked 
to submit a schedule of rates for doing business in the various towns in the 
State. The rates were submitted, revised and approved by the Commission. 
Schedule of same on file in this office. 



30 



N. C. CORPORATION COMMISSION. 



Southern Railway Company to The Commission. This was an application on 
the part of petitioner asking that the Commission authorize a schedule of rates 
on excelsior less than car-loads. The rates submitted being less than the regular 
tariff rates applicable to this commodity, the application was granted and sched- 
ule of rates adopted as follows: 

FREIGHT RATE ON EXCELSIOR, L. C. L., PER 100 POUNDS. 



5 miles and under 


8 


cents. 


160 miles and over 150 


23 cents. 


10 miles and over 5 


8 


do. 


170 miles and over 160 


24 


do. 


15 miles and over 10 


10 


do. 


180 miles and over 170 


25 


do. 


20 miles and over 15 


10 


do 


190 miles and over 180 


25 


do. 


25 miles and over 20 


11 


do. 


200 miles and over 190 


27 


do. 


30 miles and over 25 — 


11.5 


do. 


210 mi ies and over 200 


27 


do. 


35 miles and over 30 


13.5 


do. 


220 miles and over 210 


28 


do. 


40 miles and over 35 


13.5 


do. 


230 miles and over 220 


28 


do 


45 miles and over 40 


15.5 


do. 


240 miles and over 230 


29 


do. 


50 miles and over 45 


- 15.5 


do. 


250 miles and over 240 


29 


do. 




. 16.5 


do. 
do. 


260 miles and over 250 

270 miles and over 260 


30 

30 


do. 


60 miles and over 55 


16 5 


do. 


65 miles and over 60 


17 


do. 


280 miles and over 270 


___. 31 


do. 


70 miles and over 65 


17 


do. 


290 miles and over 280 


31 


do. 


75 miles and over 70 


17.5 


do. 


300 miles and over 290 


32 


do. 


80 miles and over 75 


17.5 


do. 


310 miles and over 300 


32 


do. 


85 miles and over 80 


18 


do. 


320 miles and over 310 


33 


do. 


90 miles and over 85 


18 


do. 


330 miles and over 320 


33 


do. 


95 milfsand over 90 


18.5 


do. 


340 miles and over 330 


34 


do. 


100 mill s and over 95 


18.5 


do. 


350 miles and over 340 


34 


do. 


110 miles and over 100 


19 


do. 


360 mil. ,s and over 350 


35 


do. 


120 miles and over 110 


19 


d... 


370 miles and over 360 


35 


do 


130 miles and over 120 


19 


do. 


380 mile-s and over 370 


36 


do. 


140 miles and over 180 


20 


do. 


390 miles and over 380 


36 


do. 


150 miles and over 140 


20 


.,. 









Applicable to Southern Railway lin -s in Norih Carolina. 

Guilford Lumber Company vs. Southern Railway Company. Complaint of 
freight service. Adjusted. 

High Point Metallic Bed Company vs. Southern Railway Company. Com- 
plaint of delay in the transportation and delivery of shipments of iron beds. 
Adjusted. 

Hilton Lumber Company vs. Atlantic Coast Line Railroad Company. Peti- 
tion for reduction of freight rate on logs. Ordered. Granted. 

Schedule of rates to apply on logs over W. C. and A. Division of the Atlantic 
Coast Line to Wilmington, as in effect to mills over other roads of the system, 
to-wit: 



COMPLAINTS AND DECISIONS. 31 

Ten miles and under, $1.50 per 1,000 feet. 
Twenty miles and over ten, $1.75 per 1,000 feet. 
Thirty miles and over twenty, $2.00 per 1,000 feet. 
Forty miles and over thirty, $2.10 per 1,000 feet. 
Fifty miles and over forty, $2.20 per 1,000 feet. 
Sixty miles and over fifty, $2.50 per 1,000 feet. 

Citizens of Lumberton vs. Western Union Telegraph Company. This was a 
petition from the citizens of Lumberton, asking that the Commission require 
defendant company to move its Lumberton office from the present location to a 
more convenient one in the business portion of the town. Petitioners alleged 
that there was only one telegraph office in the town, and that this one was situ- 
ated in the freight depot of the Seaboard Air Line Railroad in the extreme south- 
ern limits of the town, in a very inconvenient place, and at too great a distance 
from the business portion of the town. Petitioners alleged that there was suffi- 
cient revenue from the office to justify the removal, the monthly receipts ranging 
from $65 to $100 per month. 

Defendant answered the petition, through its General Superintendent, J. B. 
Tree, saying, that upon the request of the Commission it had investigated the 
matter of the petition, and, upon investigation, his company had decided to grant 
the relief a^ked for by the petitioners, and that the change would be made at 
once. 

No further relief being asked for by the petitioners, the case was closed. 

Citizens of Goldston vs. Southern Railway Company. This was a petition 
asking for additional side-track facilities at the town of Goldston. Granted. 

Raleigh Electric Company to The Commission. This was an application on 
the part of petitioners to be allowed an extension of time, until December 1, 1902, 
in which to begin the operation of vestibule cars. Granted. 

W. P. Roberts vs. Atlantic Coast Line Railroad Company. Claim for over- 
charge for ticket from Eure to Raleigh and return. Over-charge allowed and re- 
funded by defendant. 

American Furniture Company vs. Southern Railway Company. Complain- 
aT^ts in this case alleged that defendant had raised the minimum car-load on 
shipments of furniture from High Point to points beyond the limits of the State. 
The shipments being interstate commerce, and without the jurisdiction of the 
Commission, the case was dismissed. 

Willis Owens vs. Norfolk and Southern Railway Company. Claim for over- 
charge. Dismissed. 

Jas. a. Sanders vs. Southern Railway Company. Claim for over-charge. 
Dismissed. 

Southern Railway Company to The Commission. This was an application on 
the part of the petitioner asking for authority to discontinue ticket agency at 
Hildebran. It appearing in this case that petitioner had posted notice for thirty 
days, that application would be made to the Commission for discontinuance of 
this agency, and it appearing that no objection had been made to same, petition 
was granted. 



32 N. C. CORPORATION COMMISSION. 

BoYKiN VS. Atlantic Coast Line Railroad Company. Complaint of excessive 
classification and freight rate on shipments of nitrate soda from Baltimore, Md., 
to Fayetteville. This being a matter of interstate commerce, and without the 
jurisdiction of the Commission, the case was dismissed. 

Sanders vs. Atlantic Coast Line Railroad Company. Complaint and claim 
for over-charge on shipment. Claim allowed and over-charge refunded by de- 
fendant. 



ALSTON GRIMES AND OTHERS, CITIZENS OF GRIMESLAND, 

versus 
THE CAROLINA AND VIRGINIA TELEPHONE COMPANY. 

Complaint of telephone service and of excessive charges for such service. 

This case coming on to be heard on the 14th of July, 1902, and being heard on 
complaint and answer and certificates and oral statements of complainants and 
defendants, it is considered by the Commission that a rate of $2.50 per month 
for the use of telephone exchange at Greenville and a toll of ten cents per mes- 
sage of five minutes from Grimesiand to Washington is not an unreasonable 
charge: Provided, prompt and efficient service be rendered by defendant. 

There seems to be no complaint as to the service at Greenville. Defendants 
admit that the service from Grimesiand to Washington has not been as it 
should be. 

It is the opinion of the Commission that petitioners are entitled to good and 
efficient service between Grimesiand and Washington, and 

It is ordered, therefore, that the defendants put the said line in such condi- 
tion as will enable them to render proper service to its subscribers and the 
public. 

It is further ordered that defendants report to this Commission on or before 
August 13, 1902, what steps have been taken in executing this order, 

WILMINGTON CPTAMBER OF COMMERCE 
versus 
THE ATLANTIC COAST LINE RAILROAD COMPANY. 

Complaint of excessive freight on shipments of cotton seed. 

This complaint was filed October 23, 1902, and served October 23, 1902. 

At a session of the Commission at Raleigh, November 11, 1902, this cause was 
called for hearing, and, it appearing from the investigations therein that it was 
the duty of the Commission to bring this complaint before the Interstate Com- 
merce Commission for redress, it was so adjudged and ordered, as follows: 
To the Honorable the Interstate Commerce Commission: 

The North Carolina Corporation Commission respectfully asks leave to bring 
the above-entitled cause before the Interstate Commerce Commission for redress. 

The Act of the General Assembly of North Carolina creating the Commission 
provides in the sixth section thereof: "That upon the complaint of any person 
or persons, corporation or corporations, to said Commissioners of any unjust 
discrimination in carrying freight, which comes from or goes beyond the 
boundaries of the State, by any railroad company, whether organized under the 
laws of this State or organized under the laws of another State and doing busi- 
ness in this State, the said Commissioners shall investigate said complaint, and 



COMPLAINTS AND DECISIONS. ' 33 

if the same be sustained, it shall be the duty of said Commissioners to bring said 
complaint before the Interstate Commerce Commission for redress, in accordance 
with the provisions of the Act of Congress, establishing the Interstate Commerce 
Commission." 

On the 23d day of October, 1902, the plaintiff filed a complaint before this Com- 
mission, alleging that the defendant company was guilty of unjust discrimina- 
tion against the buyers of cotton seed of Laurinburg, N. C, in that said company 
charged a freight rate of $3.90 a ton of 2,000 pounds, car-load rates on cotton seed 
from Clio, S. C, to Laurinburg, N. C, a distance of 47 miles, and that said rate 
is excessive and extortionate. 

Plaintiff alleges further that the rate of $3.90 charged is in excess of the sum of 
the local rates of the distance hauled in South Carolina and the distance in North 
Carolina by $1.66 a ton, the sum of the locals for each State added being only 
$2.24 a ton. 

Explanation. 

Clio, S. C, over Atlantic Coast Line to State line, 32 miles, South Carolina 
rate, Class L, which would be 80 cents — State Line, over Atlantic Coast Line, to 
Pembroke, N. C, 15 miles, 80 cents — Pembroke, N. C, to Laurinburg, N. C, over 
the Seaboard Air Line, 80 cents. Deduct 10 per cent, according to Rule North. 
Carolina, for joint freight, and it. will leave the rate for the haul in North Caro- 
lina $1.44, with 80 cents added for the South Carolina proportion would be $2.24, 
the maximum rate that could possibly be charged. 

Plaintiff alleges that the freight rate over both the Atlantic Coast Line and 
Seaboard Air Line in North Carolina for a continuous mileage of 47 miles is 
only $1.00 per ton. 

This complaint was served upon the defendant company, and H. M. Emerson, 
Assistant Traffic Manager of said company, answered, saying that the rate of 
$3.90 per ton was not made on the basis as set out by the Commission, and was 
correct, declining to change same. 

Prom the investigation of this cause, it appears to this Commission, and this 
Commission so alleges, that the defendant company, in charging a greater rate 
for the transportation of cotton seed from Clio, S. C, to Pembroke, N. C, than 
the sum of the local rates of each State combined, is charging an excessive rate 
and is guilty of unjust discrimination, and a violation of the Act of Congress, 
establishing the Interstate Commerce Commission. 

Copies of the correspondence filed in this cause are hereto attached and prayed 
to be taken as a part of this statement. 

Wherefore, this Commission prays that the honorable the Interstate Commerce 
Commission will redress the grievance herein complained of. 



34: • N. C. CORPORATION COMMISSIOX 



Circulars. 



Circular No. 19. 

Raleigh, March 3, 1902. 

CHANGE IN CLASSIFICATION OP FURNITURE. 

From and after March 15, 1902, the following change in Commissioner's classi- 
fication on furniture will be effective: 

Furniture manufactured of oak shall be classed as furniture when manufac- 
tured of pine, poplar, or other common woods, and classification shall read as 
follows: 

"Furniture when manufactured of pine, poplar, oak, or other common woods." 

Applicable to all railroads. 

By order of the Commission. 

H. C. Browx, Cleric. Franklin McNeill, Chairman. 



Circular No. 20. 

March 12, 1902. 
JOINT FREIGHT RATES. 

Ordered, that the Aberdeen and Ashboro Railroad Company, the Aberdeen and 
Rockfish Railroad Company, tne Carthage Railroad Company, the Cape Fear and 
Northern Railroad Company, the Raleigh and Cape Fear Railroad Company, the 
Northampton and Hertford Railroad Company, the Durham and Charlotte Rail- 
road Company, and the Carolina Northern Railroad Company, be and are hereby 
exempt from the provisions of Circular No. 28, of the Rules Governing the Trans- 
portation of Freight, requiring a reduction of 10 per cent from the Local Freight 
Tariff Rate of each road. This order not to apply to special rates, which are 
applicable to all railroads, as follows: Fertilizer Rates, Circulars No. 1-13; 
Cotton Seed and Cotton-seed Hulls, Circular No, 10; Cotton Rates, Circular 
No. 18. 

By order of the Commission. 

H. C. Brown, Clerk. Franklin McNeill, Chai7-man. 



Cicular No. 21. 

April 24, 1902. 
CLASSIFICATION OF DYNAMOS. 

Dynamos. Released. Third Class. 

Effective at once. 

By order of the Commission. ^ 

H. C. Brown, Clerk. Fiianklin McNeill, Chairman. 



CIRCULARS. 86 

Circular No. 22. 

June 12, 1902. 

The following has been adopted by the Corporation Commission as Rule 
No. 35^, and to be added to the Rules Governing the Transportation of Freight 
Already adopted by the Commission: 

A charge of not more than $2.00 will be allowed for moving a car, without 
regard to weight or contents, from any point on any road to a connecting road, or 
from one warehouse to another warehouse on the same road, within the space of 
three miles beyond the starting point: Provided, that this Rule shall not apply 
to cars moving from one regular station to another regular station on the same 
line. 

And provided further, when a car is destined to a point on a connecting line, 
which requires switching, an additional charge of |1.50 may be made for 
switching. 

Effective at once. 

By order of the Commission. 

H. C. Brown, Clerk. Franklin McNeill, Chairman. 



Circular No. 23. 

Raleigh, July 22, 1902. 
CHANGE IN COMMISSIONERS' CLASSIFICATION. 

Effective August 15, 1902. 

The classification of excelsior will be as follows: 

Excelsior, pressed in bales, C. L. minimum weight 20,000 pounds. Class O, 
Commissioners' Standard Tariff, with 10 per cent added. 
By order of the Commission. 
H. C. Brown, Clerk. Franklin McNeill, Chairman. 



Circular No. 24. 

August 13, 1902. 
CLASSIFICATION OF COl TON FELTS. 

Effective August 25th. 

The classification of cotton felts, not batting, in bales, will be fifth class. 

By order of the Commission. 

H. C. Brown, Clerk. Franklin McNeill, Chairman. 



36 



N. C. CORPORATION COMMISSION. 



CIRCULAR No. 25. 

Raleigh, N. C, November 11, 1902. 



FREIGHT RATE ON EXCELSIOR, L. C. L., PER 100 POUNDS. 






5 miles and under _ __ . 


8 


cents. 


160 miles and over 150 


23 P-ftTltR- 


10 miles and over 5 


- _-__ 8 


do. 


170 miles and over 160 _ 


24 


do. 


15 miles and over 10 


10 


do. 


180 miles and over 170 


... 25 


do. 


20 miles and over 15 


10 


do. 


190 miles and over 180 


.__ 25 


do. 


25 miles and over 20 


11 


do. 


200 miles and over 190 


___ 27 


do. 


30 miles and over 25 


11.5 


do. 


210 miles and over 200 . _ 


._. 27 


do. 


35 miles and over 30 


13.5 


do. 


220 miles and over 210 


___ 28 


do. 


40 miles and over 35 


13.5 


do. 


230 miles and over 220 


___ 28 


do. 


45 miles and over 40 


15.5 


do. 


240 miles and over 230 


._. 29 


do. 


50 miles and over 45 


15.5 


do. 


250 miles and over 240 


... 29 


do. 


55 miles and over 50 


16.5 


do. 


260 miles and over 250 


— 30 


do. 


60 miles and over 55 


16.5 


do. 


270 miles and over 260 


— 30 


do. 


65 miles and over 60 


17 


do. 


280 miles and over 270 


._. 31 


do. 


70 miles and over 65 


17 


do. 


290 miles and over 280 


._. 31 


do. 


75 miles and over 70 


17.5 


do. 


300 miles and over 290 


.__ 32 


do. 


80 miles and over 75 


17.5 


do. 


310 miles and over 300 


.__ 32 


do. 


85 miles and over 80 


18 


do. 


320 miles and over 310 


-__ 33 


do. 


90 miles and over 85 


18 


do. 


330 miles and over 320 


.„ 33 


do. 


95 miles and over 90 


18.5 


do. 


340 miles and over 330 


__ 34 


do. 


100 miles and over 95 


18.5 


do. 


350 miles and over 340 


__ 34 


do. 


110 miles and over 100 


19 


do. 


360 miles and over 350 


__ 36 


do. 


120 miles and over 110 


19 


do. 


370 miles and over 360 


_. 35 


do. 


130 miles and over 120 


19 


do. 


380 miles and over 370 


.__ 36 


do. 


140 miles and over 130 


20 


do. 


390 miles and over 380 


.- 36 


do. 


150 miles and over 140 


20 


do. 









Applicable to Southern Railway lines in North Carolina, 
By order of the Commission. Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 



PART TWO. 

Assessment of Railroad, Street R^ailway, Electric Ligint and 

Power, Gas, Telegraph, Telephone, Express, Sleeping 

Car, Refrigerator, Steamboat and Canal 

Companies, for the Year 1902. 



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13 



C OC :r CO 1-'^ i-~ "-C I- 3; O CC O C: 1- ~- O -ti -t' O -^ -^ 1^ 

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14 



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15 



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ASSESSMENT OF RAILROAD PROPERTY. 



17 



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23 



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ASSESSMENT OF RAILROAD PROPERTY. 



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27 



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29 



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ASSESSMENT OF RAILROAD PROPERTY. 



37 



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38 



N. C. CORPORATION COMMISSION. 



STATEMENT C— The Following Table Shows List of Counties with Apportionments tO' 

Each County, 1902. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 
^ssesse( 
Value, 



Alamance , 



Alexander. 



Anson 



Beaufort . 



Bladen. 



North Carolina 

Western Union Telegraph Co 

Pullman Company 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

Greensboro Telephone Co 

Mebane-Ridgeville Telephone Co 

Interstate Telegraph and Telephone Co 

Southern Bell Telephone and Telegraph Co. 



Statesville and Western 

Western Union Telegraph Co. 
Southern Express Co 

Taylorsville Telephone Co 



Carolina Central 

Cheraw and Darlington 

Western Union Telegraph Co. 
Pullman Co 

Southern Express Co 

Wadesboro Telephone Co 



Norfolk and Southern 

Washington Branch (W. & W.) 

Western Union Telegraph Co 

Southern Express Co 

Old Dominion Steamship Co 

Carolina Telephone and Telegraph Co 

Williamston Telephone Co 

Washington and Hyde County Telephone Co. 
Washington and Plymouth 



17.05 
89.00 



$20,799.32 $354,628.53 



29.00 
17.05 
17.05 



12.00 
24.60 
34.00 

9.16 

7.00 

9.16 

12.00 

27.50 
13.90 
18.20 



41.40 
55.00 

11.80 

6.62 

18.00 

18.42 



Carolina Central , 

Western Union Telegraph Co. 



56.00 
15.00 
41.00 

18.89 

32.80 
99.00 



,43 



24.43 
1, 233. 60 

67.83 



18.57 I 
16.80 i 
12.56 ! 

3,312.86 
59.43 
67.83 
26.09 



10,956.33 

4,548.72 
59.43 



67 A 



14,396.79 

6,297.15 

59.43 

67.83 



58.72 

35.29 

25.00 

1,663.16 

10,956.33 
59.43 



5,290.05 

2,725.52- 

708.42 

21,032.90 

1, 156. 68 

2,500.00 

222.86 

413.36 

427.06 



389,105.38 



30,345.87 
416.07 
621. 43 
313.04 



31,696.41 



301,298.97 
63,227.21 
10,817.8& 
4,328.78. 
2,808.56 
2,300.00 



384,781.37 



169,882.16 

41,687.15 

1,069.90 

1,249.62- 

22,450.00- 

3,288.35 

529.40 

1,025.00 

31,417.11 



272,598. 



359,367.50 

5,884.44 



ASSESSMENT OF RAILROAD PROPERTY. 



39 



STATEMENT C— Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 
Value. 



Bladen— (Con. )_.. 



Bertie- 



Brunswick 



Buncombe 



Atlantic Postal Telegraph Co. 
Southern Express Co 



Cashie and Chowan 

Norfolk and Carolina 

Roanoke and Tar River 

Wilmington and Powellsville 

Western Union Telegraph Co 

Southern Railway rolling stock.. 

Southern Express Co . — 

Albemarle Steam Navigation Co. 
Chowan and Aulander 



Carolina Central 

Wilmington, Columbia and Augusta 

Wilmington Railway Bridge Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Wilmington and Southport Telegraph Line. 
Southern Express Co 

Brunswick Bridge and Ferry Co 

Cape Fear Towing and Transportation Co— 
Interstate Telephone and Telegraph Co 



Asheville Electric Co 

Asheville Street Railway Co 

Western North Carolina 

Asheville and Spartanburg 

Pullman Co 

Southern Express Co 

Western Union Telegraph Co 

Asheville Telephone Co 

Southern Bell Telephone and Telegraph Co- 
Madison Telephone Co 



95.20 

32. 80 

12.00 
13.09 
7.60 
20.00 
70.00 
13.09 
40.69 



1.40 

12.20 

12.88 
.04 
117. .50 

27.1 



25.08 



46.00 



47.49 
10.36 



57.82 
211.41 

82.00 
175.00 

17.00 



$24. 43 
67.83 

2,226.66 

21,788.14 

8,412.77 

1,920.00 

59. 43 
1,233.60 

67.83 



2,195.65 



10,956.33 

11,801.89 

20,833.33 

59.43 

24.48 



67.83 



16.! 



12,246.62 

8, 829. 79 



67.83 
59.43 
210.08 
12.56 
41.66 



?2,325.57 
2,225.14 



),802.65 



26,720.00 
285,206.76 

63,937.05 

38,400.00 
4, 160. 72 

16, 147. 84 
2,760.39 
2,025.00 
3,073.91 



442,431.1 



133, 667. 18 

152,008.43 

833.33 

6,984.05 

679. 10 

500.00 

1,701.43 

6,300.00 

23,500.00 

772. 96 



326,946.48 



2. 243. 00 
16,000.00 

581,591.98 
91,476.68 
7,214.62 
3,922.48 
12,565.95 
17,226.89 

2. 198. 01 
708.' 38 

735, 147. 94 



40 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 
Value. 



Burke. 



Cabarrus 



Caldwell 



Camden 



Carteret- 



Carolina and Northwestern- 
Western Noi'th Carolina 

Pullman Co 

Western Union Telegraph Co. 
Southern Express Co 



2.18 
29.70 



13,241.04 
12,246,62 



122.00 

31.88 



Burke County Telephone Co | 51.00 



North Carolina 

Yadkin 

Pullman Co 

Western Union Telegraph Co 

Southern Railway rolling stock 

Atlantic Postal Telegraph Co 

Southern Express Co 

Albemarle Telephone Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co 

Concord Telephone Co 



17.16 
1.15 



Moore Telephone Co 

Carolina and Northwestern 

Caldwell and Northern 

Western Union Telegraph Co 

Lenoir and Blowing Rock Telephone Co. 
Southern Express Co 



Norfolk and Southern 

Western Union Telegraph Co 

Elizabeth City and Norfolk Telephone Co. 

Southern Express Co 

Lake Drummond Canal Co 

Old Dominion Steamship Co 

Camden Telephone Co 



17.16 
17.70 
18.31 
3.00 
93.22 
55.00 
70.00 

27.00 
14.84 
10.60 
14.00 



11.81 

5.00 
5.00 
11.00 
5.00 



29.00 



Atlantic and North Carolina 16. 00 

Western Union Telegraph Co .1 82.00 



59.43 
67.83 
36.29 

799.32 
217.93 



59.43 
1,233.60 
24.43 
67.83 
50.00 
34.03 
12.56 
40.00 

18.18 
3,241.04 
2,583.75 

59.43 



67.83 

14,396.79 
59.43 
41.51 

67.83 



$7,065.46 
B63,724.60 
4,649.43 
7,251.53 
2,162.73 
1,850.80 



386,704.55 



45.45 



7,729.79 
59.43 



356,916.45 

3,700.61 

2,725.52 

18,169.84 

21,168.60 

432.38 

1,242.16 

LtO.OO 

3,172.02 

690.81 

2,800.00 



411,168.39 



490.89 
48,097.00 
27,387.77 
832. 14 
490.90 
801.20 



78. ( 



.90 



71,983.97 

297.20 

456.60 

339.23 

8,000.00 

2,166.66 

1,318.17 



84,561.83 



123, 676. 65 
1,902.04 



ASSESSMENT OF RAILROAD PROPERTY. 



il 



STATEMENT C— Continued. 



County. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


Carteret— (Con.) _ 




16.00 
50.00 


$67.83 
48.16 


$1,085.45 




2,408.07 






800.00 




Piedmont 


7.10 
14.60 
14.80 


28,463.61 

7,819.51 

24.43 






129,872.21 


Casvvel! __ 


202,091.63 




Atlantic and Danville 


114,164.88 




Atlantic Postal Telegraph Co 


361.54 




Pullman Co 


1,122.27 




Western Union Telegraph Co 


202.55 
22.45 
38.95 
13.00 
30.00 

21.76 
22. 94 


59.43 

67.83 
34.03 

18.57 
31.82 

3,241.04 

12,246.62 


12, 039. 32 




Southern Express Co 

American Telephone and Telegraph Co 


1,523.00 
1,325.38 




Mebane-Ridgeville Telephone Co 

Reidsville Telephone and Telegraph Co 

Carolina and Northwestern 


241.43 
9.54.55 




333,824.00 


Catawba 


70,524.97 

280,937.45 

3, 527. 15 




Western North Carolina _ __ 


♦ 


Pullman Co . . 




Western Union Telegraph Co 


102. 00 
34.80 


59.48 

67.83 


6,062.75 
2,360.81 




Southern Express Co 




Catawba Telephone Co _ .. _ . 




Gaston Telephone Co- __ 


18.00 

16.00 

28. 53 

11.20 

5.27 

8.00 


23.33 

15,808.52 
8,971.21 

2,128.57 
2, 143. 11 
2,971.87 


419. 97 




Raleigh and Augusta Air Line 

Atlantic and Yadkin 

Pittsboro 






363,833.10 


Chatham 


252,936.27 




255,948.76 
23,840.00 
11,294.20 




Durham and Charlotte _ _i _ . _ 




Egypt 


23 775.00' 




Pullman Co. ... _ 


2,565.20 




Western Union Telegraph Co-_ __ 


106.00 
11.00 
62.10 

13.10 
23.95 

37.88 
37.05 


59.43 


6, 300. .50' 




Pittsboro Telephone and Telegraph Co _ __ 


2,50.00 




Southern Express Co 


_ . 

67.83 
. 

3,660.31 

12,246.62 

59.43 

67.83 


4 212.82 




Atlanta, Knoxville and Northern 






581,122.75 


Cherokee 


47, 950. 00 




Western North Carolina _ 


293,306.51 
2,2.51.-54 
2,513.45 

346,021.50 




Western Union Telegraph Co 




Southern Express Co 







42 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Chowan 



Cleveland 



Columbus 



Craven. 



Name of Road or Other Company 



Norfolk and Southern 

Suffolk and Carolina 

Western Union Telegraph Co 

Elizabeth City and Norfolk Telegraph Co . 

Southern Express Co 

Edenton Telephone Co 

Albemarle Steam Navigation Co 

Branning Manufacturing Co 



Carolina Central 

Lawndale 

South Cai'olina and Georgia 

Atlanta and Charlotte Air Line 

Pullman Co 

Western Union Telegraph Co 

Southern Express Co 

American Telephone and Telegraph Co. 
Lattimore Telephone Co 



Carolina Central 

Wilmington, Chadbourn and Conway. 
Wilmington, Columbia and Augusta.. 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southeastern 

Southern Express Co 



Atlantic and North Carolina 

Wilmington and New Bern 

Western Union Telegraph Co 

Southern Express Co 

Henderson Telephone Co 

Independent Steamboat Line 

New Bern and Snow Hill Steamboat Co. 

Old Dominion Steamship Co 

Pamlico- Beaufort Telephone Co 

Broadus and Ives, steamer 



Dis- 
tance. 



5.30 
6.67 
4.00 
4.00 
4.20 
47.00 



Valuation 
Per Mile. 



$14,396.79 

3,631.77 

59.43 

41.51 

67.83 



21.30 

9.00 

22.00 



184.01 
52.07 
51.40 
60.00 

8.90 
25.00 
50.45 
354.54 
17.00 
.17 
84.46 



45.00 

9.44 

134.00 

57.98 
253.00 



5.00 



Total 

^ssessec 
Value. 



10,956.33 
2,333.33 
5,486.54 

22,246.12 



67.83 
34.03 



10,956.33 

3, 602. 43 

11,801.89 

59.43 

24.43 

2,219.49 

67.83 



7,729.79 

5,785.80 

59.43 

67.83 

48.16 



24.17 



$76,303.01 

24,223.94 

237.75 

166.03 

284.94 

2,100.00 

2,025.00 

7,000.00 



112,340.67 



233,369.75 
21,000.00 
120,703.98 
195.098.48 
1,282.60 
43 I 10,937.33 



3,532.39 
1,749.01 
1,000.00 



588, 673. 54 



97,511.31 

90,060.85 

595,405.70 

21,073.42 

415.28 

337.32 

5,729.70 



810,533.58 



347,840.56 

54,617.99 

7,964.80 

3,933.32 

12,184.75 

2,200.00 

2,400.00 

7,166.68 

72.51 

800.00 



i^SSESSMENT OF RAILROAD PROPERTY. 



43 



STATEMENT C— Continued. 



i 



County. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


Craven— (Con.) . 


Vanceboro Steamboat Co 






$950. 00 










850.00 




Wilson and Fayetteville 


32.74 
27.39 
30.00 


$27,911.26 
9,533.26 
2,128.09 






440, 980. 61 


Cumberland 


913, 814. 70 




Atlantic and Yadkin 


261,116.04 




Aberdeen and Rock Fish 


63, 842. 85 




Pullman Co 


5, 130. 40 




Western Union Telegraph Co _ _ 


264.00 

71.02 

212.08 

161.00 


59.43 

67.83 
24.43. 

58. 72 


15,691.83 




Southern Express Co 


4, 817. 94 




Atlantic Postal Telegraph Co 


5, 180. 72 




Carolina Telephone and Telegraph Co 


9, 453. 95 




Black River Packet Co . __ _ 


1,250.00 




Cape Fear River Transportation Co 






2, 200. 00 




Norfolk and Southern ___ 


14.30 
14.00 


14,396.79 
59.43 






1,282,498.43 


Currituck 


205, 874. 15 




Western Union Telegraph Co. 


832. 14 




Albemarle and Chesapeake Canal Co 


7,500.00 




Southern Express Co 


14.30 

24.80 


67.83 
20,799.32 


970 11 










215,176.40 


Davidson 


515,823.31 

3, 847. 80 




Pullman Co - 




Western Union Telegraph Co _ _ 


697.36 
24.80 
49.20 
24.80 

163.95 
47.00 

17.68 
21.00 
12.38 
38.00 


59. 43 
1,233.60 
24.43 
67.83 
34.03 
32.50 

2,727.64 
59.43 
67.83 
21.09 


41,450.22 






30, 593. 30 




Atlantic Postal Telegraph Co 


1,201.86 




Southern Express Co_ _ _ 


1,682.42 




American Telegraph and Telephone Co 

Thomasville Telephone Co 


5,578.75 
1,527.50 




Norih Carolina Midland 






601,705.16 


Davie 


48,224.67 

1,248.22 

839. 86 




Western Union Telegraph Co 




Southern Express Co 




Mocksville Telephone Co ' 


801.30 




Old Dominion Steamship Co . 






51,114.05 


Dare 


6,166.66 














6,166.66 



44: 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County 



Name of Road or Other Company. 



Dis- Valuation 



tance. 



Per Mile. 



Total 

Assessed 
Value. 



Duplin. 



Durham 



Edsecombe. 



Wilmington and Weldon (Clinton Branch) 

Wilmington and Weldon (main line) 

Pullman Co 

Western Union Telegraph Co 

Southern Express Co 

Kenansville Telephone Co 



3.00 
33.96 



Durham and Northern 

North Carolina 

Oxford and Clarksville 

Norfolk and Western (L. D. Division) 

Pullman Co - 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

Interstate Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 
Chapel Hill Telephone Co 



858.00 

36.96 

7.00 

10.39 
16.22 
11.18 
19.50 



163.90 
37.30 
16.22 
57. 95 
246. 60 
162. 00 
16.00 



00 



Norfolk and Carolina 10 

Wilmington and Weldon (Tarboro Branch) 14. 

East Carolina 18. 

Albemarle and Raleigh 8.89 

Wilmington and Weldon 10.15 

Pullman Co | 

Western Union Telegraph Co j 557.87 

Southern Railway rolling stock ! 26.95 

Southern Express Co 61.45 

Battleboro Telephone Co | 15.00 

Carolina Telephone and Telegraph Co i 118.00 

Carolina and Virginia Telephone Co 120.00 

Old Dominion Steamship Co 

Tar River Oil Co 

American Telephone and Telegraph Co. of N. C- 80.40 



$4,362.85 I S13,088.55 
27,684.63 j 940,169.88 
5,290.72 
21,279 08 
2,507.34 
157. .50 



59 43 
67.83 



0, S6U. 87 

20,799.32 

5,468.78 

7,718.60 



59.43 
24.43 
,233.60 
67.83 
16.80 
12.56 
51.14 

788. 14 
650.70 
266.92 
820. 17 
684. 63 



59.43 
,233.60 

67.83 
26.66 
58.72 
49.09 



34.03 



982,493.07 



60, 894. a? 

337,365.08 

61,140.98 

150,512.69 

2,565.20 

9,742.02 

911.17 

20,009.02. 

3,931.29 

4, 143. 85 

2,034.74 

818. 19 



654, 068. 86 



226,814.5.5 

311,337.04 

22, 804. 65 

51,741.29 

280,998.96 

1,763.57 

33, 1.59. 11 

33, 24,5. .54 

4,168.72 

400.00 

6,928.99 

.5,891.05 

2,000.00 

4,550.00 

2,735.79 

988,539.26 



ASSESSMENT OF RAILROAD PROPERTY. 



45 



STATEMENT C— Continued. 



County. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


Forsyth 


Northwestern North Carolina 


36.71 
10.77 
13.73 
14 96 
25.80 
134. 68 
76.17 


$9,410.98 

8,971.21 

2,727.64 

10,231.20 

24.43 

59.43 

67.83 


$345,477.20 
96,619.99 

37, 450. 49 




Atlantic and Yadkin 




North Carolina Midland . _ 




Norfolk and Western 


153,058.78 
630. 24 




Atlantic Postal Telegraph Co 




Western Union Telegraph Co. __ 


8 005 21 




Southern Express Co 


5,167.31 
40,294.00 
5 454.57 




Fries Manufacturing and Power Co 




Interstate Telephone and Telegraph Co 


324. 60 
15.00 


16.80 
21.09 




Mocksville Telephone Co 


316. 35 




Mutual Telephone Co 


1,250 00 




Southern Bell Telephone and Telegraph Co 

Winston-Salem Gas Light Co 


378. 00 


12.56 


4,747.70 
10 000 00 




Louisburg 


10.00 
12.91 


5,229.00 
27,960.98 






708,471.84 


Franklin 


52,200.00 

360,976.20 

2,084.23 

2, 853. 06 


<i 


Raleigh and Gaston . 

Pullman Co 




Western Union Telegraph Co. ___ 


48. 00 59. 43 




Atlantic Postal Telegraph Co _. 


97.20 
10.00 
22.91 
24.00 
143.00 

19.26 
17.50 
23.00 


24.43 


2,374.42 
500.00 




Louisburg Telephone Co _ _ _ 




Southern Express Co ._ 


67.83 
49.09 
48.16 

3,241.04 
10,956.33 
22,246.12 


1 554 21 




Carolina and Virginia Telegraph Co 


1,178.23 




Henderson Telephone Co 


6,887.04 
430,(X)7.39 






Gaston 


Carolina and Northwestern ___ . 


62,422.38 
191 735 71 


Carolina Central _. . _. 


Atlanta and Charlotte Air Line 


511 660 80 


Pullman Co _ _ . 


3,687.47 
20 575 92 




Western Union Telegraph Co _ 


346, 17 
59.76 

124.89 
62.00 

192.00 
20.00 


59.43 
67.83 
34.03 
23.33 




Southern Express Co 


4,054.07 
4,249.66 
1 446 67 




American Telephone and Telegraph Co 

Gaston Telephone Co. 




Gastonia Telephone Co 

Southern Bell Telephone and Telegraph Co 


8,500,00 

251.22 

808,583.90 




12.56 



46 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Gates 



Granville. 



Greene 



-Guilford 



Norfolk and Carolina 14.84 

Suffolk and Carolina I 17.50 

Pullman Co ' 

Western Union Telegraph Co 75. 00 

I 

Southern Railway rolling stock I 14.84 

Southern Express Co 14.81 

Albemarle Steam Navigation Co 



$21,788.14 
3,631.77 



$323,336.00 
63,556.06 



Durham and Northern 

Southern Express Co 

Oxford and Clarksville 

Oxford and Henderson 

Atlantic and Danville 

Western Union Telegraph Co 

North and South Carolina (Div. Southern Ry.). 

Carolina and Virginia Telegraph Co 

Henderson Telephone Co 



Carolina Telephone and Telegraph Co 

Snow Hill and Fayetteville Telephone Co 



High Point, Randleman and Asheboi^o 

Northwestern North Carolina 

North Carolina 

Piedmont 

Atlantic and Yadkin 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

American Telephone and Telegraph Co 

Greensboro Telephone Co 

Interstate Telephone and Telegraph Co 

Thomasville Telephone Co 

Greensboro Gas & Electric Light Co.(additional) 

Greensboro Electric Co 

Southern Bell Telephone and Telegraph Co 



22.36 

68.37 

38.15 

5.66 

2.20 

93.50 

3 73 

36.00 

39.00 

11.00 
9.00 

3.04 
12.20 
33.37 
14. 43 
39.26 



1189.15 
122. 90 
33.37 
104. 29 
185.59 



29.80 
5.00 



64.00 



59.43 

1,233.60 

67.83 



5,860.87 

67.83 

5,468.78 

5, 454. 79 

7,819.51 

59.43 

1,500.00 

49.09 

48.16 

58.72 
18.18 

4,881.44 

9,410.98 

20,799.32 

28, 463. 61 

8,971.21 



59.43 
24. 43 
1,233.60 
67.83 
34.03 



16.80 
32.50 



12.56 



4,457.91 
18,306.64 
1,004.71 
2,025.00 
412,686.32 

131,049.50 

4, 638. 17 

208,634.02 

30,874.14 

17,202.92 

5,557.-53 

5,595.00 

1,767.33 

1,878.29 



407, 196. 90 

645.94 
163. 63 



809.57 



14,839.58 

114,814.01 

694,073.55 

410,729.87 

352,209.91 

8, 657. 55 

70, 681. 62 

3,002.22 

41,165.28 

7, 074. 94 

6,315.09 

10,000.00 

500.74 

162.50 

6,900.00 

62,500.00 

803. 86 

1,804,430.72 



ASSESSMENT OF RAILROAD PROPERTY. 



47 



STATEMENT C— Continued . 



County. 



Halifax 



Name of Road or Other Company. 



Harnett 



Haywood- 



Henderson 



Norfolk and Carolina 

Raleigh and Gaston 

Wilmington and Weldon (Scotland Neck Br.). 

Wilmington and Weldon , — 

Seaboard and Roanoke 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

Battleboro Telephone Co 

Carolina Telephone and Telegraph Co 

Henderson Telephone Co 

American Telephone and Telegraph Co. of N. C. 



Wilmington and \^'eldon 

Atlantic and Yadkin 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Cape Fear and Northern 

Southern Express Co 

Clinton and Dunn Telephone Co 

Wilson and Fayetteville 

Carolina Telephone and Telegraph Co. 



Dis- 
tance. 



13.24 
19. 99 
25.92 
21.93 
.32 



Valuation 
Per Mile. 



470.55 
76.00 
13.24 

81.35 
2.00 
41,00 

226. 00 
148.20 



18.60 



Western North Carolina _._ 

Western Union Telegraph Co 

Southern Express Co 

Waynesville Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Asheville and Spartanburg. __ 

Transylvania 

Western Union Telegraph Co, 

Pullman Co 

Southern Express Co 



50.00 

147.00 

2.00 

20. 02 
1.00 
6.42 

33.00 

21.57 
21.00 
21.57 
30.00 

28.00 

21.56 
11.57 
92. 60 



$21,788.14 
27, 960. 98 
8,425.84 
27, 684. 63 
28,488.93 



59.43 
24.43 

1,233.60 
67.83 
26.66 
58.72 
48.16 
34. 03 



Total 

Assessed 

Value. 



$288,474.98 

558,939.91 

218,397.89 

607, 123. 84 

9,116.43 

8, 817. 87 

27,968.92 

1,856. .S3 

16, 332. 88 

5,518.72 

53. 34 

2,407.55 

10,884.39 

I 5,042.83 

1,760,936.08 



9,533.26 



33. 0(i 



59. 43 
24. 43 
2, 733. 14 
()7. 83 
38.57 
27,911.26 
58.72 

12, 246. 62 
59.43 

67. 83 



12.56 

8,829.79 

2,722.88 

59. 43 



67. 83 



129,652.37 

961.95 

2,971.94 

3,590.93 

5,466.28 

1,358.15 

88. 58 

179,190.31 

1,937.80 



325,168.31 

264,159.58 

1,248.22 

1,463.30 

2,000.00 

351.70 



269, 222. 80 

190,370.38 

31,497.99 

5, 504. 03 

3,366.82 

2,242.78 



48 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Henderson-(Con.)' Asheville Telephone Co } 22.00 

Southern Bell Telephone and Telegraph Co \ 42.00 



Hertford . 



Hyde. 



Norfolk and Carolina 

Pullman Co _— 

Western Union Telegraph Co 

Wellington and Powellsville 

Southern Railway Rolling Stock . 

Southern Express Co 

Hertford Telephone Co 

Albemarle Steam Navigation Co. 
Chowan and Aulander 



Washington and Hyde County Telephone Co_ 

Fairfield Canal and Turnpike Co 

Old Dominion Steamship Co 

Fairfield and Elizabeth City Transpor'tion Co. 



14.53 



70.00 
4.00 
14.53 
14.53 
23.00 



$210.08 
12.56 



21,788.14 



9.00 



Iredell 



Jackson 



Statesville and Western 11.20 

North Carolina Midland i 4.90 

Western North Carolina ' 20.11 

Atlantic, Tennessee and Ohio 21.60 

Pullman Co 



Western Union Telegraph Co 

Southern Express Co 

Southern Bell Telephone and Telegraph Co. 

Taylorsville Telephone Co 

Mooresville Telephone Co 

Statesville Telephone Co 



Western North Carolina j 22.89 

Western Union Telegraph Co ' 23.00 

Southern Express Co ' 22.89 



Wm. J. Stribbling Telephone Co 



12.00 



59,43 
1,920.00 
1,233.60 

67.83 



Total 

Assessed 
Value. 



H 621. 85 
527.54 



238,131.39 



316,581.68 



10.10 2,195.65 



25.00 



3,312.86 
2,727.64 
12,246 62 
8,425.33 



125.00 


59.43 


52.91 


67. 83 


44.00 


12.56 


11.00 


26.09 


171.00 


24.56 


45.00 





12,246.62 
59. 43 

67. 83 
20. 00 



4,160.72 

7,680.00 

17,924.22 

985.73 

475.00 

2,025.00 

22,176.09 

372,008.44 



225.00 
7,650.00 
7,166.68 
1,. 500. 00 



16.541. 



37, 104. 13 

13,365.43 

246,279.51 

181, 987. 20 

3,206.50 

7,429.85 

3,589.39 

552. 66 

286.96 

4,200.83 

4,000.00 

502,002.46 

280,325.12 

1,367.09 

1,552.86 

240. 00 

283, 485. 07 



ASSESSMENT OF RAILROAD PROPERTY. 



49 



STATEMENT C— Contianed. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Jphnston 



Jones 



Lenoir 



Lincoln . 



Macon 



Midland North Carolina . 12. 74 

North Carolina 26,24 

Pullman Co 

Western Union Telegraph Co 352.00 

Carolina Telephone and Telegraph Co 42.00 

Atlantic Postal Telegraph Co 7.00 

Southern Railway rolling stock 26. 74 

Southern Express Co 69.86 

Interstate Telephone and Telegraph Co 53. 20 

Wilson and Fayetteville 30.88 



Atlantic and North Carolina - 
Wilmington and NewBern ___ 
Western Union Telegraph Co. 
Southern Express Co 



4.00 
15.79 
15.50 
16.26 
Henderson Telephone Co i 34.00 



Wilmington and Weldon (Scot. Neck Branch) 

Atlantic and North Carolina 

Western Union Telegraph Co 

Southern Express Co 

Carolina Telephone and Telegraph Co 

Carolina and Virginia Telephone Co 

Henderson Telephone Co 



Carolina and Northwestern___ 

Carolina Central 

Western Union Telegraph Co. 

Southern Expi-ess Co 

Gaston Telephone Co 



Southern Express Co 

Western North Carolina 

Western Union Telegraph Co 

Wm. J. Stribbling Telephone Co 



11.07 
19.00 
43.00 
28.07 
70.00 
22.00 
38.00 

14.26 
15.60 
18.00 
29.86 
16.00 

2.57 
2.57 
2.00 
8.00 



$3,299.79 
20,799.32 



59.43 
58.72 
24. 43 
1,233.60 
67.83 
16.80 
27,911.26 



20, 



039.34 

774.35 

817. 88 

. 922. 45 

2,466.28 

171.00 

32,986.49 

4,739.26 

893. 96 

.75 



861 





1,520,710.76 




z==:j=.— 


7,729.79 


30,919.16 


5,785.80 


91,537.84 


59.43 


921.30 


67.83 


1,103.09 


48.16 


1,637.49 



8,425.84 
7,729.79 
59. 43 
67.83 
58. 72 
49.09 
48.16 

3,241.04 

10,956.33 

59.43 

67.83 

23.33 

67.83 

12,246.62 

59.43 

20.00 



126,118.88 

93,274.08 
146,806.02 
2,555.87 
1,904.27 
4,110.44 
1,080.05* 
1,830.13 
251,620.86 



46,217.19 

170,918.69 

1,069.90 

2,025.70 

373.35 

220, 604. 83. 



174.37 

31,473.80 

118.88 

160.00 

31,927.05, 



50 



N. C. CORPORATION COMMISSION, 



STATEMENT C— Continued. 



County, 



Madison , 



Martin . 



McDowell 



Mecklenburg. 



Name of Road or Other Company, 



Western Union Telegraph Co. 

Western North Carolina 

Pullman Co 

Southern Express Co 

Madison Telephone Co 



Wil. and Weldon (Scotland Neck Branch). 

Albemarle and Raleigh Branch 

Wil. and Weldon (Washington Branch) — 

Western Union Telegraph Co 

Roanoke and Tar River Steamboat Co 

Southern Express Co 

Williamston Telephone Co 



South Carolina and Georgia __ 

Western North Carolina 

Pullman Co 

Western Union Telegraph Co. 

Southern Express Co 

Burke County Telephone Co-. 
Marion Telephone Co 



Charlotte Consolidated Construction Co. 

Charlotte, Columbia and Augusta 

Carolina Central _ ^ 

North Carolina 

Atlantic, Tennessee and Ohio 

Atlanta and Charlotte Air Line 

Southern Railway rolling stock 

Atlantic Postal Telegraph Co 

Pullman Co ■ 

Western Union Telegraph Co 

Southern Express Co 

American Telephone and Telegraph Co. 

Charlotte Telephone Co 

Gaston Telephone Co 



Dis- 
tance. 



112.00 

28.30 



28. 30 
7.00 

17.40 

34.42 

.42 

120.00 



51.38 
70.00 



13.30 
32.24. 



Valuation, 
Per Miie, 



153. 10 

45.54 

11.00 

6.00 



11.48 
23.90 
11.90 
23.40 
11.42 
11.90 
22.10 



787. 07 

82.10 

205.95 

420.00 

54.00 



$59.43. 
12,246.62 



67.83 
41.66 

8,425.84 

5, 820. 17 

6,297.15 

59.43 



67.83 
35.29 



5,486.54 
12,246.62 



59.43 

67.83 
36.29 



22,053.57 
10,956.33 
20,799.32 

8,425.33 
22,246.12 

1,233.60 
24.43 



59.43 
67.83 
34.03 



23.33 



Total 

Assessed 
Value. 



86,657.14: 

§46,579.33 

4,489.10 

1,919.87 

291. 67 

359,937.11 



146^609. 68 
2OOV330..17 
2;. 644. 80 
7^132. 65 
12,800.00 
3,.485.59 
2; 470. 60 
375s 4173.49 

72,971.04 
394,831.01 
5,130.40 
9,100.08 
3, 089. 41 
399.20 
2,000.00 



487,521.14 

150, 310. Od 

2,53,175.00' 

261, 856. 19. 

247,511.99 

197,152.80 

254,050.72 

14, 679. 85 

539. 86 

7,695.60 

46,782.47 

5,569.61 

7,007.89 

3,500.00 

1,260 01 



ASSESSMENT OF RAILROAD PROPERTY. 



51 



STATEMENT C— Continued. 



County. 



Mecklenburg — 
(Con. 



IMitchell 



Montgomery 



-Moore. 



INash. 



Name of Road or Other Company. 



Dis- 
tance. 



Southern Bell Telephone Co 
Mooresville Telephone Co.__ 



East Tennessee and Western North Carolina. 

Linville River 

Western Union Telegraph Co 

Fosque and Montezuma 



Aberdeen and Ashboro. 
Southern Express Co-__ 
Ashboro Telephone Co _ 
Durham and Charlotte- 



Carthage 

Raleigh and Augusta Air Line . 

Aberdeen and Ashboro 

Atlantic and Yadkin (Southern) 
Atlantic and Yadkin (A. C. L.)_ 

Jackson Springs Railroad 

Aberdeen and Rockfish 

Pinehurst (Southern Ry.) 

Pullman Co 

Western Union Telegraph Co— 

Southern Express Co 

Durham and Charlotte 

Carthage Telegraph Co 

Carthage Telephone Co 



Wilmington and Weldon (Nashville Branch). 

Wilmington and Weldon • 

Pullman Co 

Western Union Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

Carolina and Virginia Telephone Co 

Battleboro Telephone Co 

American Telephone and Teleg. Co of N. C 



741.00 
2.00 

3.00 
12.00 

5.00 
41.00 



24.25 
15.00 

2.48 

18.50 
88.50 
23. 00 
3.39 
10.40 
4.10 
3.00 



139.50 

84.37 

26.00 

3.00 

18.50 

19.20 
11.18 



19.00 
3.20 
30.38 
136.00 
13.00 
70.20 



Valuation 
Per Mile. 



$12. 56 
24.56 



4, 141. 17 

1,011.25 

59.43 



Total 

Assessed 
Value. 



$9,306.98 
49.17 



2,701.30 
67.83 
19.23 

2,143.11 

2,474.32 
15,808.52 
2,701.30 
8,971.21 
9,533.26 
1,750.00 
2,128.09 



59.43 

67.83 

2, 143. 11 

105.00 



4,397.18 
27,684.63 



59.43 
1,233.60 
67.83 
49.09 
26.66 
34.03 



1,460,448.14 

12,523.51 

12,135.00 

297. 19 

142.00 

25,097.70 



107,376.79 
1, 645. 12 

288.47 
5,314.92 



114,625.30 



45,775.00 

S08, 627. 88 

62, 129. 97 

30, 412. 42 

99, 145. 92 

7, 175. 00 

6,384.29 

4,540.00 

6,092.-35 

8,291.71 

5, 723. 60 

55,720.88 

315 00 

400.00 



940. 734. 02 



84, 425. 89 

309,514.12 

1, ks. 57 

1,129.34 

3,947.53 

2,060.97 

6,676.54 

346. 66 

2,388.73 

412,253.35 



52 



N. C. CORPORATION rOMMISSION. 



STATEMENT C— Continued. 



County. 



New Hanover , 



Northampton 



Onslow. 



Name of Road or Other Company. 



New Hanover Transit Co 

Carolina Central 

Wilmington and NewBern 

Wilmington and Weldon 

Atlantic and Yadkin 

Wilmington and Brunswick County Junction, 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Wilmington Railway Bridge (S. A. L. ) 

Wilmington Dummy Line (A. C. L. ) 

Southei'n Express Co 

Interstate Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co _ 

Merchants and Farmers Steamboat Co 

L H. Hawkins, steamer 

Walter Taft, steamer 

Charles Wessel, steamer 

Wilmington Sewerage Co 

Diamond Steamboat and Wrecking Co 

Consolidated Railways, Light and Power Co. 



Dis- 
tance. 



Petersburg 

Northampton and Hertford 

Roanoke and Tar River 

Seaboard and Roanoke 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Express Co 

Conway-Boykins Telegraph Co 

Henderson Telephone Co 

Jackson and Rich Square Telephone Co— ^_. 
Amer. Telephone and Telegraph Co. of N. C. 



Wilmington and New Bern 

Western Union Telegraph Co. 



4.00 
1.01 
11.92 
9.42 
5.13 
1.20 



191.56 

4.00' 

2.36 

1.25 

33.69 

399.00 

799.00 



7.03 

8.70 

24.70 

17.97 



315.00 
41.60 
50.72 
8.00 
8.00 
19.00 
52.20 

36.31 
36.00 



Valuation 
Per Mile. 



$2,750.00 
10,956.33 

5,785.80 

27, 684. 63 

9,533.26 

5,000.00 



59.43 
24.43 
20,833.33 
5,800.00 
67.83 
16.80 
12.56 



Total 

Assessed 
Value. 



27,831.84 
2, 710. 63 
8,412.77 

28,488.93 



59.43 
24.43 
67.83 



48.16 



34.03 



811,000.00 

11,065.89 

68.966.78 

260,789.18 

48,905.64 

6,000.00 

1,442.93 

11,386.08 

97.71 

49,166.67 

7,250.00 

2,285.52 

6,704.77 

10,036.56 

7,000.00 

300.00 

700.00 

600.00 

9,000.00 

3,000.00 

184,425.00 

700,122.73 



195, 657. 86 

23,582.50 

207,795.42 

511,946.05 

4,008.12 

18,723.21 

1,016.22 

3,440.82 

300.00 

385.29 

185.00 

1,776.24 



968,816.73 



5,785.80 210,082.52 
59.43 2,139.80 



ASSESSMENT OF RAILROAD PROPERTY. 



53 



STATEMENT C— Continued. 



County. 



Onslow— (Con.) 



Orange- 



Pamlico 



Pasquotank. 



Pender. 



Name of Road or Other Company. 



Southern Express Co 

A. E. K. Marine, steamer Lillian Annie. 



Dis- 
tance. 



iValuation 
Per Mile. 



36.21 



North Carolina I 17.27 



State University Railroad . 

Pullman Co 

"Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

Interstate Telephone and Telegraph Co 

Chapel Hill Telephone Co 

Mebane-Ridgeville Telephone Co 

Southern Bell Telephone and Telegraph Co 



Pamlico-Beaufort Telephone Co- 
Old Dominion Steamship Co 



10.14 



Norfolk and Southern 

Western Union Telegraph Co 

Elizabeth City and Norfolk Telephone Co. 

Southern Express Co 

Camden Telephone Co 

Elizabeth City Telephone Co 

Lake Drummond Canal and "Water Co 

Old Dominion Steamship Co 



108.00 
34.40 

17.27 
27.67 
25. 60 
28.00 
10.00 
28.00 

57.00 



"Wilmington and New Bern 

"Wilmington and "Weldon 

Atlantic and Yadkin 

Pullman Co 

"Western Union Telegraph Co 

Southern Express Co 

Interstate Telephone and Telegraph Co. 

W. H. Ward, steamer 

Ellis Sherman, steamers 



12.57 
13.00 
20.00 
12.57 
4.00 
30.00 



12.75 
25. 19 
21.90 



309.00 

62.83 

8.00 



S67.83 



799.32 
470. 31 



59.43 

24.43 

,233.60 

67.83 
16.80 
51.14 
18.57 
12.56 



24.17 



14,396.79 
59.43 
41.51 
67.83 
45.45 



5,785.80 

27,684.63 

9,533.26 



59.43 
67.83 
16.80 



Total 

Assessed 
"V^alue. 



$2,463.26 
1,000.00 



215,685.58 



359,204.38 

25,049.00 

2,725.53 

6,419.39 

840.33 

21,304.29 

1,877.13 

430. 18 

1,431.81 

185. 71 

351. 69 



419,819.44 



1,377.49 
3,966.66 



5,344.15 



180,967.69 

772.71 

830.20 

852.76 

181.83 

7,500.00 

8,000.00 

2,166.00 



201,271.19 



73,769.00 

697,375.71 

208,778.44 

4,008.13 

18,366.58 

4,262.35 

134.42 

1,000.00 

1,000.00 



1,008,694.63 



54 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Perquimans. 



Person . 



Pitt 



Polk 



Randolph 



Norfolk and Southern 

Western Union Telegraph Co 

Elizabeth City and Norfolk Telegraph Co. 

Southern Express Co 

Perquimans River Line 



Atlantic and Danville 

Norfolk and Western (L. D. D.). 

Western Union Telegraph Co 

Southern Express Co 



Wilmington and Weldon __._ 

Albemarle and Raleigh 

Wilmington and Weldon (W. B.) 

East Carolina 

Western Union Telegraph Co 

Southern Express Co 

Carolina and Virginia Telephone Co 

Snow Hill and Farmville Telephone Co 

Moccasin River Steamboat Co 

Old Dominion Steamship Co 

Carolina Telephone and Telegraph Co... 
Henderson Telephone Co 



Asheville and Spartanburg 

Southern Express Co 

Western Union Telegraph Co 

Pullman Co 

Asheville Telephone Co 

Southern Bell Telephone and Telegraph Co. 



High Point, Randleman and Ashboro . 

North Carolina 

Atlantic and Yadkin 

Aberdeen and Ashboro 

Pullman Co 



16.30 
16.00 
18.00 
16.30 



5.20 
22.19 
58.00 
27.39 



31. 



14.00 
38.00 

10.00 
10.00 
40.00 



15.00 
16.00 

23.74 

.60 

30.49 

14.00 



$14,396.79 
59.43 
41.51 

67.83 



7,819.51 

7,718.60 

59.48 

67. 83 



8,425.84 

5,820.17 

6,297.15 

1,266.92 

59.43 

67.83 

49.09 

18.18 



58.72 
48.16 

,829.79 
67.83 
59.43 



210.08 
12.56 

4,881.44 

20,799.32 

8,971.21 

2,701.30 



$234,667.73-' 

951.02 

747. 17 

1,105.80 

2,500.00 



239,971.72 



40,661.46 

171,275.68 

3,447.45. 

1,858.14 



217,242.73 



264,824.27 

39,053.33 

115,552.72 

8,260.35 

7,964.80 

4,307.12 

6, 823. 80' 

36.37 

1,700.00 

3,250.00 

822.11 

1,830.13 



454,425.00 



88,297.94^ 

678.42 

2,377.55 

1,603.25. 

3,151.26 

200.97 



96, 



.39 



115,885.42 
12,479.60 

273,532.35 

37,818.24 

160.3a 



ASSESSMENT OF RAILROAD PROPERTY. 



65 



STATEMENT C— Continued. 



County. 



Randol ph— (Con. 



Richmond - 



Robeson 



Rockingham. 



' Name of Road or Other Company. 



Western Union Telegraph Co — 
Southern Railway rolling stock. 

Southern Express Co 

Ashboro Telephone Co 

Thomasville Telephone Co 



Carolina Central 

Palmetto 

Raleigh and Augusta Air Line 

Southern Express Co 

Pullman Co 

Western Union Telegraph Co__ 
Atlantic Postal Telegraph Co._. 



Carolina Electric Co 

Carolina Central 

Atlantic and Yadkin 

Carolina and Northern 

Red Springs and Bowmore 

Southeastern 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Express Co 

Aberdeen and Rock Fish 

Carolina Telegraph and Telephone Co_ 

Lumberton Telephone Co 

Wilson and Fayetteville 



Danville and Western 

Piedmont 

Norfolk and Western ^._. 

Atlantic and Yadkin 

Pullman Co 

Southern Express Co 

Western Union Telegraph Co. 



Dis- 
tance. 



Valuation 
Per Mile. 



87.50 

.60 

70.33 

50.00 

2.00 

16.57 
7.00 
23. 62 

78.52 



159.39 
12.50 



$59.43 

1,233.60 

67.83 

19.23 

32. 50 



10,956.33 

2,337.46 

15,808.52 

67.83 



30. 60 
24.78 
20. 76 
15.00 
21.21 



59. 43 
24.43 



Total 

Assessed 
Value. 



341.00 
108.24 
95. 69 
9.00 
64.50 
.55.00 
34.70 

7.80 
21.20 
20.02 
10.44 



59.36 
666. 65 



10,956.33 
9,533.26 
2,486.32 
980 95 
2, 219. 49 



59. 43 
24.43 

67. 83 
2,128.09 

58.72 



27,911.26 

2,653.83 
28,463.61 
10,231.20 

8,971.21 



$5,200.89 

740. 17 

4,771.14 

961. 53 

65.00, 



451,614.67 



181,546.33 
16,362.21 
373,397.15 
5,326.74 
5,130.40 
9,473.94 
305.35 



591,542.12 



67.83 
59.43 



1,000.00 

335,263.58 

236,234.23 

51,620.00 

14,714.29 

47,075.34 

5,451.05 

20,268.62 

2, &44. 10 

6,491.72 

19,152.86 

3,787.47 

3,000.00 

968, 520. 77 



1,715,224.03 



20,700.00 
603,428.50 
204,828.65 
93, 659. 49 
3,366.83 
4,026.95 
39, 624. 86 



56 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Name of Road or Other Company. 



Dis- Valuation 
tance. Per Mile. 



Total 

Assessed 
Value. 



Rockingham — 

(Con.) 



Rowan. 



Rutherford . 



Sampson 



Stanly 



Atlantic Postal Telegraph Co 

American Telephone and Telegraph Co 
Reidsville Telephone Co 



39.40 

127.88 
80.00 



North Carolina 

Western North Carolina 

North Carolina Midland 

Yadkin 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

American Telephone and Telegraph Co 

Salisbury Telephone Co 

Salisbury Gas and Electric Co 

Concord Telephone Co 

Southern Bell Telephone and Telegraph Co 



Carolina Central 

South Carolina and Georgia- 
Western Union Telegraph Co. 
Soufhern Express Co 

Rutherfordton Telephone Co- 
Forest City Telephone Co 



Wilmington and Weldon (Clinton Branch). 

Southern Express Co 

Atlantic and Yadkin 

Western Union Telegraph Co 

Clinton-Dunn Telephone Co 



Yadkin 

Southern Express Co 

Western Union Telegraph Co. 
Albemarle Telephone Co 



15.72 
27.50 
52.90 
42. 50 
35.00 
26.00 

10.43 
49.35 
38.92 
96.00 
41.00 

23.19 
23.19 
23.00 
37.00 



$24.43 
34.03 
31.82 

20,799.32 
12,246.62 
2,727.64 
3,217.93 



4,351.41 
2,545.45 



59.43 
24.43 
1, 233. 60 
67.83 
34.08 



40.00 
12.56 

10,956.33 

5,486.54 

59.43 

67.83 



977,494.61 

428,466.14 

214,560.78 

46,915.41 

53,610.66 

6,092.35 

53, 679. 15 

1,320.45 

25, 412. 18 

3,716.25 

3,847.80 

13,500.00 

11,000.00 

200.00 

251.21 



862,572.38 



172,233.45 
150,879.98 
3,144,30 
2,883.18 
2,500.00 
1,625.00 



333,265.91 



4,362.85 
67.83 

9,533.26 
59.43 

38.57 



3,217.93 
1 

67.83 
59.43 
50.00 



45,504.60 

3,347.88 

371,034.54 

5,706.12 

1,581.42 



427,174.56 



74,623.73 
1,573.21 
1,367.09 
1,850.00 

79,414.03 



ASSESSMENT OF RAILROAD PROPERTY. 



57 



STATEMENT C— Continued. 



County 



Stokes 



Scotland 



;Surry 



Name of Road or Other Company. 



Atlantic and Yadkin 

Norfolk and Western 

Western Union Telegraph Co. 
Southern Express Co 



Dis- 
tance. 



Red Springs and Bo\vmore__. 

Atlantic and Yadkin 

Atlantic Postal Telegraph Co- 

Cheraw and Darlington 

Raleigh and Augusta 

Western Union Telegraph Co. 

Carolina Central 

Southern Express Co 

Hasty Telephone Co 



20. 80 
10.67 
74.00 
31.47 

6.00 

9.66 

108. 90 

.37 

.5.11 

101.61 

15. .50 

17. 21 

6.50 



Atlantic and Danville 17.40 

Mt. Airy and Yadkin 5.00 

Northwestern North Carolina 33.13 

Southern Express Co 52.55 

Western Union Telegraph Co 68.00 

Wilkin Electric Co ! 23.00 



Swain. 



Tyrrell. 



Union. 



Western North Carolina 

Southern Express Co 

Western Union Telegraph Co. 

Tyrrell County Telephone Co. 



Georgia, Carolina and Northern 

Southern Express Co 

Carolina Central 

Pullman Co 

Western Union Telegraph Co 

Monroe Telephone Co 



38.36 
38.86 
39.00 

6.00 

14.40 

39.80 
25.50 



203. 90 



Valuation 
Per Mile. 



88,971.21 

10,231.20 

.59.43 



980. 95 

9, '533. 26 

24.43 

4,-548.72 

1.5,808.52 

.59. 43 

10,! •.56. 33 

67. 83 



8,971.21 

1,4.30.00 

9,410.98 

67.83 

.59.43 

29. 41 

12,246.62 
67.83 
.59. 43 

44.44 

10, 328. 85 

67.83 

10,956.33 



59. 43 



Total 

Assessed 
Value. 



S186, 601. 27 

109, 166. 95 

4,398.47 

2, 1,34. 92 



302,301.61 



5, 885. 71 

92,091.30 

2,660.22 

1,683.02 

80, 781. 51 

6,039.-58 

169,823.06 

1,167.33 

125.00 



360,2.56.73 



156,099.14 
7, 150. 00 

311,78.5.88 

3,564.96 

4,041.87 

676. 48 



483,318.30 



469, 780. 33 
2,602.30 
2,318.11 



474,700.74 



266. 6*5 



266. 6«» 



148,735.47 
2,700.02 

279,386.32 
6,2.52.68 
12, 119. .57 
2,100.00 

451,294.06 



58 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Vance 



Transylvania 



Wake. 



Warren. 



Name of Road or Other Company. 



Durham and Northern 

Oxford and Henderson 

Raleigh and Gaston 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Express Co 

Henderson Telephone Co 

Henderson Light and Power Co- 



Southern Express Co... 
Transylvania Railway 



Durham and Northern 

Cape Fear and Northern 

North Carolina 

Raleigh and Cape Fear 

Raleigh and Augusta 

Raleigh and Gaston 

Southern Railway (depot) 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock ^ 

Southern Express Co 

Henderson Telephone Co 

Interstate Telephone and Telegraph Co 

Raleigh Telephone Co 

Southern Bell Telephone and Telegraph Co. 

Standard Gas and Electric Co 

Wake Water Co 



Raleigh and Gaston 

Seaboard Air Line 

Warrenton 

Pullman Co 

Western Union Telegraph Co. 



Dis- 
tance. 



7.50 
7.06 
20.85 



96.00 
162.40 
35.41 

183.00 



19.10 
19.30 

1.15 
18.00 
30. 22 
18.50 
23. .50 
18.74 



365.84 

293.80 

27.52 

73.00 

ILOO 

482. 40 

300.00 

438.00 



Valuation 
Per Mile, 



23.71 
7.00 
3.00 



129.00 



$5,860.87 

5,454.79 

27,960.98 



59.43 
24.43 

67. 83 
48.16 



67.83 

2,722.38 

5, 860. 87 

2,733.14 

20,799.32 

2,864.57 

15,808.52 

27,960.98 



59.43 
24.43 
1, 233. 60 
67.83 
48.16 
16.80 



12.56 



27,960.98 
15,717.49 
3, 146. 66 



59.43 



Total 

Assessed 
Value. 



$48,956.66 
38,510.86 

582,986.35 
3,206.50 
5,706.12 
3, 967. 13 
2,402.20 
8,813.48 
2,500.00 



692,049.; 



1,295.75 
52,542.01 
53,837.76 



6,740.01 

49,196.47 

628,555.67 

52, 997. -50 

371,500.14 

523, 988. 69 

10,000.00 

10,100.48 

21, 745. 08 

7,176.98 

33,948.69 

4,952.27 

529. 78 

8, 106. 22 

10,000.00 

5,501.29 

24, 620. OO 

25,000.00 

1,794,659,27 



662, 954. 74 

110,022.42 

9, 440. 00 

3,687.47 

7, 667. 60 



ASSESSMENT OF RAILROAD PROPERTY. 



59 



STATEMENT C— Continued. 



County, 



Name of Road or Other Company. 



Dis- Valuation 
tance. Per Mile. 



Total 

Assessed 
Value 



Warren— (Con.). 



Watauga 



Washington. 



Wayne 



Wilkes. 



Wilson 



Atlantic Postal Telegraph Co_ 
Southern Express Co 

Henderson Telephone Co 



Lenoir and Blowing Rock Telegraph Co_ 
Moore Telephone Co 



Norfolk and Southern 

Albemarle and Raleigh 

Western Union Telegraph Co 

Southern Express Co 

Tyrrell County Telephone Co 

Washington County Telephone Co. 
Washington and Plymouth 



Midland North Carolina 

Atlantic and North Carolina 

North Carolina 

Wilmington and Weldon 

Pullman Co 

Western Union Telegraph Co 

Southern Express Co 

Interstate Telephone Co 

Carolina Telephone and Telegraph Co. 
Goldsboro Navigation Co 



Northwestern North Carolina- 
Western Union Telegraph Co__ 

Southern Express Co 

Wilkin Electric Co 



Wilmington and Weldon 

Pullman Co 

Western Union Telegraph Co 

Southern Railway rolling stock. 



189.20 
31.20 
119.00 



f 24. 43 
67.83 
48.16 



$4,621.80 

2, 116. 60 

5,731.16 

806,241.79 



6.00 i 

18.00 
3.87 
12.00 
21.87 
3.00 
30.00 
14.39 

! 

I 

8.76 
11.00 ! 
10.47 I 
29.76 ' 

i 



18.18 

14,396.79 

5, 820. 17 

59.43 

67.83 

44.44 



49.10 
109. 11 
158.21 



1, 663. 16 

3,299.79 

7,729.79 

20,799.32 

27, 684. 63 



349. 76 


59.43 


58.99 


67.83 


145.50 


16.80 


12.00 


58.72 



18.11 
18.00 
18.11 
62.00 



9,410.98 
59.43 
67.83 
29.41 



19.81 i 27,684. 



314. 
24. 



59.43 
1,233.60 



259, 142. 29 

22,524.05 

713.27 

1, 483. 66 

133.34 

4,50, 00 

33,932.89 

318,379.50 



28,906.18 

85, 027. 69 

217,768.95 

823,894.45 

4, 649. 43 

20,789.30 

4,001.85 

2,444.97 

704. 68 

1, 600. 00 

1,189,787.50 



170,432.91 
1,069.90 
1,228.59 
1,823.52 

174, 554. 92 



548,432.43 

4,809.75 
18,704.79 
30,346.58. 



60 



N. C. CORPORATION COMMISSION. 
STATEMENT C— Continued. 



County. 



Wilson— (Con.) 



Yadkin 



Name of Road or Other Company. 



Southern Express Co 

Wilson and Fayetteville 

Amei'. Telephone and Telegraph Co. of N. C. 
Carolina Telephone and Telegraph Co 



Mocksville Telephone Co 



Dis- 
tance. 



31.27 
11.46 
13.50 
120.00 

15. 00 



Valuation 
Per Mile. 



Total 
^ssesse( 
Value. 



867.83 

27,911.26 

34.03 

58.72 



21.09 



$2,121.35 

319,863.06 

459. 40- 

7,046.44 

931,783.80 



816.35 
816.35 



I 



ASSESSMENT OF RAILROAD PROPERTY. 



61 



STATEMENT D— The Following Table Shows List of Towns with Apportionment to 

Each. 1902. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 

1 


Total 

Assessed 
Value. 




Yadkin . 


1.00 

.80 

.4(3 
1.00 
1.48 

.41 

.50 

1.07 

.60 

.50 
1.00 

.50 
3.00 

26.78 

.92 

1.04 

6.30 

.40 

.36 
.30 

.-50 

6.89 


$3,217.93 
59. 43 

21,788.14 

1,920.00 

59. 43 

4,881.44 

2,701.30 

59.43 

9,533.26 

2,701.30 

15,808.52 

2,128.09 

59.43 

12,246.62 
59. 43 

2,733.14 

15, 808. 52 

59. 43 

2,733.14 

8,425.84 
59. 43 

27,684.62 
59. 43 


§3,217 93 




Western Union Telegraph Co, _. _ _ 


47 .5.5 




Norfolk and Carolina _ 






3,26.5.48 


Ahoskie 


10,022.r» 
1 9'^0 00 




Wellington and Powellsville _ 




Western Union Telegraph Co 


87 97 




High Point, Randleman and Ashboro 






12,0.30.52 


Ashboro 


2,001.39 
1 3-50 65 




Aberdeen and Ashboro. 




Western Union Telegraph Co 


63 60 




Atlantic and Yadkin 






3,41.5.64 


Autryville __ 


.5,719.96 
.3,719.96 




Aberdeen and Ashboro 


Aberdeen 


1,. 3.50. 65 

15, 808. .52 

1,064.04 

178. 32 




Raleigh and Augusta 




Aberdeen and Rock Fish 




Western Union Telegraph Co 




Western North Carolina 




18,401.53 


Asheville 


18,8.59.79 

1,. 591, 77 

20, 4.51.. 56 

2,514 49 




Western Union Telegraph Co— 


Angier 


Cape Fear and Northern . 




Raleigh and Augusta Air Line 




2, 514. 49 


Apex 


16,440.85 

374.45 

1.093.26 




Western Union Telegraph Co . 




Cape Fear and Northern 




Wilmington and Weldon (Scotland Neck Br.). 
Western Union Telegraph Co 




17,908.56 


Ayden 






3,033.30 

17.83 




Wilmington and Weldon 




3,051.13 


Battleboro 


13,842.32 
409.53 




Western Union Telegraph Co 








14,251.85 



62 



N. C. CORPORATION COMMISSION. 
STATEMENT D— Continued. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


Boyette 


Wilmington and Weldon (Fayetteville Branch) 

Wilmington & Weldon (Wilson & Fayetteville) 
Western Union Telegraph Co 


..50 

.50 
2. .50 

1.00 

.51 

4.77 

1.00 

2.00 
2.00 
10.00 
4.00 

.30 

1.00 
.80 

..50 

.27 

.27 

2.96 
42.50 

.75 


$27,911.26 

27,911.26 
59.43 

12,246.62 

27,684.62 
59.43 

2,701.30 

1,233.60 

20,799.32 

59.43 

24.43 

12,246.62 

12,246.62 
.59.43 

22, 246. 12 

.5,820.17 
59.43 

22,246.12 
59.43 

2,722.38 


$13,95.5.63 








13,955.63 


Benson . 


13, 9.55. 63 




148.60 




Western North Carolina _. 






14,104.23 


Black Mountain- 


12,246.62 




Wilmington and Weldon 




12,246.62 


Black Creek 


14, 119. 16 




Western Union Telegraph Co 


283.52 




Aberdeen and Ashboro 






14,402.68 


Biscoe 


2,701.30 




Southern Railway rolling stock 


2,701.30 


Burlington 


2, 467. 20 




North Carolina 


41, 598. 65 




Western Union Telegraph Co 


594. 39 




Postal Telegraph Co ._ 


97.71 




Western North Carolina 






44,757.95 


Biltmore 


3,673.98 
3,673.98 




Western North Carolina 


Bryson City 


12, 246. 62 


Western Union Telegraph Co 


47. .55 




Atlanta and Charlotte Air Line 


12,294.17 
11,123.06 




Albemarle and Raleigh 


11,123.06 


Bethel 


1,571.45 
16. 05 




Western Union Telegraph Co 




Atlanta and Charlotte Air Line 






1,587.50 


Bessemer City 


65,848.52 
2,526.11 
68,374.63 

1,991.78 


Western Union Telegraph Co 


£revard 


Transylvania Railway 










1,991.78 



ASSESSMENT OF RAILROAD PROPERTY. 
STATEMENT D— Continued. 



63 



Town. 



Burgaw- . 



Charlotte 



Carthage 



Cameron 



Conoho 



Catawba . 



Cherry vi lie. 



Cerro Gordo- 



Clayton. 



Name of Road or Other Company. 



Wilmington and Weldon 

Western Union Telegraph Co. 



Atlanta and Charlotte Air Line_._ 

Atlantic Postal Telegraph Co 

Atlantic, Tennessee and Ohio 

Charlotte, Columbia and Augusta 

Carolina Central 

North Carolina 

Southern Railway rolling stock- __ 
Western Union Telegraph Co 



Dis- 
tance. 



Carthage 



Carthage 

Raleigh and Augusta Air Line 
Western U nion Telegraph Co__ 



Wilmington and Weldon (Scotland Neck Br.). 



North Carolina Railroad. 



Carolina Central 

Western Union Telegraph Co. 



Wilmington, Columbia and Augusta- 



Candor Aberdeen and Ashboro- 



North Carolina 

Southern Railway rolling stock. 
Western Union Telegraph Co 



1.00 
3.30 

1.85 
6.94 
1.45 
.40 
1.10 
1.29 
1.29 
68.52 

1.00 

.50 

1.20 

2.79 

1.74 
1.00 



1.00 
1.16 



Valuation 
Per Mile. 



,78 



$27, 684. 62 
59.43 

22,246.12 

24. 43 

8,425.33 

22,053 57 

10,956.33 

20,799.32 

1,233.60 

59. 43 

2,474.32 

2,474.32 

15,808.52 

59.43 



Total 

Assessed 
Value. 



1.06 
1.06 
7.91 



20,799.32 

1,233.60 

59.43 



m, 684. 62 
196. 15 



27,880.77 



41,155.32 

169. .5:3 

12,216.73 

8,821.43 

12,051.96 

26,831.13 

1,591.34 

4,072.74 



106,910.18 



2, 474. 32 



2, 474. 32 



1,237.16 

18,970.22 
165.83 





20,373.21 


8, 425. 84 


14,660.95 




14,660.95 


12,246.62 


12,246.62 




12,246.62 


10,956.33 
59.43 


10,956.33 

68.95 




11,025.28 


11,801.89 


9,205.47 




9, 205. 47 


2,701.30 


1,350.65 




1,350.6.5 



22,047.28 

1,307.61 

470. 16 

23,825.05 



64 



N. C. CORPORATION COMMISSION. 



STATEMENT D— Continued. 



Town. 



Clinton. 



Gary 



China Grove. 



Concord 



Chadbourn . 



Canton 



Clarkton 



Cleveland 



Coneto . 



Name of Road or Other Company. 



Wilmington and Weldon (Clinton Branch) 

Western Union Telegraph Co 



North Carolina 

Raleigh and Augusta Air Line- 
Southern Railway rolling stock. 
Western Union Telegraph Co 



North Carolina 

Southern Railway rolling stock. 
Western Union Telegraph Co 



North Carolina 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock. 
Western Union Telegraph Co — 



Wilmington, Columbia and Augusta- 
Wilmington, Chadbourn and Conway. 
Western Union Telegraph Co 



Western North Carolina 

Western Union Telegraph Co. 



Carolina Central 

Western Union Telegraph Co. 



Western North Carolina 

Western Union Telegraph Co_ 



Albemarle and Raleigh 

Western Union Telegraph Co. 



Dis- 
tance. 



.45 

.33 

1.00 

1.10 

1.00 

17.84 

1.00 

1.00 

29,87 

1.46 
8.70 
1.46 
8.21 

1.00 
1.00 
9.03 

.50 

.57 

1.38 
3.60 

.70 
5.32 

.57 



Valuation 
Per Mile. 



$4, 362. 85 
59.43 



20,799.32 

15,808.52 

1,233.60 

59.43 

20,799.32 

1,233.60 

59. 43 



Total 

Assessed 

Value. 



$1,963.28 
19.62 



1,982.90 



20,799,32 
17,389.37 
1,233.60 
1,060.39 



40,482. 



20,799.32 
1,233.60 
1,775.44 





23,808.36 


20,799.32 


30,367.02 


24.43 


212.52 


1,233.60 


1,801.05 


59.43 


488.00 




32,868,59 


11,801,89 


11,801.89 


3,602.43 


3,602.43 


59.43 


536,73 
15,941.05 


12,246,62 


6,123.31 


59.43 


33,88 




6, 157. 19 


10,956.33 


15,119.72 


59.43 


213.97 




15,333.69 


12,246.62 


8,572.63 


59,43 


316.21 




8,888.84 


5,820,17 


3,317.50 


59,43 


37.45 




8,854.95 



ASSESSMENT OF RAILROAD PROPERTY. 



65 





STATEMENT D— Continued. 








Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 


Claremont 


Western North Carolina — 


1.00 
4.00 

1.04 

5.00 

.99 

.40 

.73 

1.08 
1.83 

2.90 
.83 
.94 
2.33 
1.27 
2. 33 
5.38 

1.07 

.76 

1.10 

.67 

1.00 
5.00 

1.30 
1.51 


$12,246.62 
59.43 

12, 246. 62 

59.43 

3,241.04 

12,246.62 
59.43 

8,425.33 
59.43 

24.43 
5,468.78 
5, 860. 87 
20,799.32 
7,718.60 
1,233.60 
59. 43 

3,241.04 
59.43 

12,246.62 
59. 43 

27,911.26 
59.43 

10,956.33 
59.43 


$12,246.62' 


Western Union Telegj'aph Co 


237. 76 




Western North Carolina ._ -_ — 






12,484.38 


<'^r>nr>vpr 


12,736.48 






297. 19 






3,208.62 




Western North Carolina 


16,242.29 


Clyde 


4, 898. 65 




Western Union Telegraph Co 


43. 39 




Atlantic, Tennessee and Ohio _ _ 


4,942.04 


Davidson College 


9,099.36 




Western Union Telegraph Co. 


108.77 




Atlantic Postal Telegraph Co 






9,208.13 


Purham _ 


70. S4 




Oxford and Clarksville 


4,539.08 




Durham and Northern 


5,509.23 




North Carolina 


48, 462. 43 




Norfolk and Western 


9, 802. 61 




Southern Railway rolling stock 


2, 874. 28 




Western Union Telegraph Co 


319. 78 










71,578.25 


Dallas 


3 467 91 




Western Union Telegraph Co 


45.17 










3,513.08 


Dillsboro . 


13,471.29 
39. 82 




Western Union Telegraph Co 




Wilmington and Weldon (Wilson and Fay.) 

Western Union Telegraph Co 






13,511.11 




27,911.26 
297. 19 






Carolina Central . ^ 






28,208.45 


EUenboro 


14,243.22 




Western Union Telegraph Co 


89.75 










14,332.97 



66 



N. C. CORPORATION COMMISSION. 
STATEMENT D— Continued. 



Town. 



Earles. 



IClk Park. 



Elizabeth City. 



Edenton. 



Elon College. 



Elkin 



Everitt- 



Enfleld 



Elm City 



Forest City . 



Franklinton.--. 



Name of Road or Other Company. 



Western Union Telegraph Co_ 



East Tennessee and Western North Carolina. 
Western Union Telegraph Co 



Norfolk and Southern. 



Norfolk and Southern 



North Carolina 

Southern Railway rolling stock. 



Dis- 
tance. 



1.00 



.50 
1.20 



North Western North Carolina. 
Western Union Telegraph Co — 



Albemarle and Raleigh 

Western Union Telegraph Co_ 



,80 



1.10 



.69 



1.62 
.93 



.S3 



Wilmington and Weldon I.OO 

Western Union Telegraph Co 17.68 



Wilmington and Weldon .53 

Western Union Telegraph Co 17.22 



South Carolina and Georgia.. 
Western Union Telegraph Co. 



Louisburg 

Atlantic Postal Telegraph Co. 
Raleigh and Gaston 

Western Union Telegraph Co 



2.00 



! .16 

6.00 

.80 

2.10 



Valuatmn 
Per Mile. 



$59.43 

4,141.17 
59.43 

14,396.79 

14,396.79 

20,799.32 
1,233.60 

9,410.98 
59. 48 

5,820.17 
59. 43 



27,684.62 
59.43 



Total 

Assessed 
Value. 



$59.44 



59.54 



2,070.58 

71.33 

2,141.91 



11,517.43 



11,517.43 



15, 836. 48 



15,836.48 



14,351.5:^ 
851.18 



15,202.71 

15,245.79 
55.28 



15,301.07 



4,830.74 
47. 55 



4, 878 29 



27, 684. 62 
1,050.88 



28,735.50 



27,684.62 


14,672.85 


59.43 


1,023.54 




15,696.39 







5, 486. 54 


10,973.08 


59.43 


49.33 




11,022.41 


5,220.00 


835. 20 


24.43 


146.57 


27, 960. 98 


22,368.78 


59.43 


124. 82 




23,475.37 



ASSESSMENT OF RAILROAD PROPERTY. 
STATEMENT D— Continued. 



67 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


Four Oaks 


Wilmington and Weldon (Fayetteville Br) 

Western Union Telegraph Co 


.53 

2.85 

1.00 
5.04 

2.85 
15.75 

1.36 
18.64 

.85 
5.67 

.68 
6.70 

1.50 

.50 

8.84 

.47 

.47 

LOO 

2.00 

1.00 

41.35 

.50 


$27,911.26 
59.43 

11,801.89 
59.43 

9,533.26 

24.43 

27,911.26 

59.43 

27,684.62 
59.43 

27,684.62 
59.43 

28.488.93 

22,246.12 
59.43 

1,233.60 
20,799.32 

3,241.04 

22,246.12 

3,241.04 

59.43 

8,97L21 


$14,792.97 
169.40 




Wilmington, Columbia and Augusta _ _. _ . 






14,962.37 


Fair Bluff 


11,801.89 




Western Union Telegraph Co — 


299.57 




Atlantic and Yadkin 






12, 101. 46 


Fayetteville 


27, 169. 79 


Atlantic Postal Telegraph Co 

Wilmington and Weldon (Fayettev'le Branc-h)_ 
Western Union Telegraph Co 


384. 75 

37,959.31 

1,107.95 




Wilmington and Weldon 




Fremont 


66,621.80 
23,531.93 




Western Union Telegraph Co. . _ .. 


337.02 


Faison . . 




23,868.95 
18, 825. 54 




Western Union Telegi'aph Co 


398. 24 




Seaboard and Roanoke 






19,223 78 


Garysburg 


42,733.39 




Atlanta and Charlotte Air Line 






42,733.39 


Orover 


11,123.06 




Western Union Telegraph Co 


525. 44 




Southern Railway rolling stock 


11,648.50 


Graham 


579. 79 




North Carolina .. . _ „_ 


9, 775. 6S 




Carolina and Northwestern . _ 






10,355.47 


Granite Falls 


3,241.04 




Atlanta and Charlotte Air Line _ — 




3,241.04 


Gastonia 


44,492.24 
3,241.04 




Carolina and Northwestern __ _ _ 




Western Union Telegraph Co 


2,457.79 
50,191.07 




Atlantic and Yadkin. _ . _ 


'Germantown* 


4,485.61 








4, 485. 61 



68 



N. C. CORPORATION COMMISSION. 



STATEMENT D— Continued. 



Town. 



Gibson ville. 



Gold Hill 



Glen Alpin 



Goldsboro 



Greensboro. 



Gibson. 



Greenville 



Grifton 



Name of Road or Other Company. 



Southern Railway rolling stock. 
North Carolina 



Yadkin. 



Henderson vllle , 



Western North Carolina 



Wilmington and Weldon 

Atlantic and North Carolina- 
North Carolina 

Western Union Telegraph Co. 



Atlantic and Yadkin 

Atlantic Postal Telegraph Co 

North Carolina 

Piedmont 

Southern Railway rolling stock- 
Western Union Telegraph Co 



Raleigh and Augusta Air Line. 
Cheraw and Darlington 



Wilmington and Weldon (Scotland Neck). 
Western Union Telegraph Co 



Dis- 
tance. 



Wilmington and Weldon (Scot. Neck Branch). 
Western Union Telegraph Co 



Transylvania Railway 

Asheville and Spartanburg — 
Western Union Telegraph Co. 



1.00 

1.90 

2.67 

.70 

17.15 

2.85 
14.35 
2.11 
1.80 
2.11 
108. 52 

.85 
.37 

.90 
1.00 



1.50 
1.41 
4.94 



Valuation 
Per Mile. 



$1,238.60 
20,799.32 

3,217.93 



Total 

Assessed 

Value. 



$777. m 
13,103.57 



13,880.73 

901.02 
901.02 



12,246.62 


12,246,62 
12,246.62 


27,684.62 


52,600.79 


7,729.79 


20,638.54 


20,799.32 


14,559.52 


59.43 


1,019.37 




88,818.22 


8,971.21 


25,567.96 


24.43 


350.54 


20,799.32 


43,886.58 


28,463.61 


51,234.49 


1,233.60 


2,602.89 


59.43 


6,450.30 
130,092.76 


15,808.52 


13,437.23 


4,548.72 


1,683.02 
15.120.25 


8,425.84 


7,583 25 


59.43 


59.44 




7,642.69 


8,425.84 


4,971.25 


59.43 


86.78 




5,058.03 


2,722.38 


3,983.57 


8,829.79 


12,450.01 


59.43 


293.63 




16,727.21 



ASSESSMENT OF RAILROAD PROPERTY. 



69 



STATEMENT D— Continued. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


Halifax 


Western Union Telegraph Co 


10.00 

.71 

.23 

5.00 

10.00 

.96 

.36 

1.47 

7.06 

1.50 
1.50 
8.12 

2.41 
2.00 
10.85 

2.44 

1.38 

2.44 

35.00 

.76 

.99 

1.51 

1.08 

1.05 


S59. 42 

21,788.14 

8,425.84 

59.43 

24.43 

5,860.87 

5,454.79 

27, 960. 98 

59.43 

27,911.26 

9,533.26 

59. 43 

3,241.04 

12,246.62 

59.43 

20,799.32 

4,881.44 

1,233.60 

59.43 

2,337.46 
15,808.52 
10,956.33 

15,808.52 

3,602.43 


$594.30 
594.30 




Norfolk and Carolina .__ 




15,469.57 
1,937.94 

997 19 




Wilmington and Weldon (Scot. Neck Branch). 
Western Union Telegraph Co 




Atlantic Postal Telegraph Co. .- 






17,704.70 




244 28 






5,626.4,5 
1 963 73 




Oxford and Henderson ._ .__ — _ 


^ 


Raleigh and Gaston 


41, 102. 63 
419 64 




Wilmington and Weldon (Fayette'lle Branch). 
Atlantic and Yadkin _ _ 






49,356.73 


Hope Mills 


41,866.89 

14,299.89 

482 64 




Western Union Telegraph Co 




Carolina and Northwestern 






56,649.42 


Hickory 


7,810.90 

24, 493. 24 

644 ^y^ 




Western North Carolina 




Western Union Telegraph Co — 




North Carolina _ _ __. 




High Point 


32,949.06 

50,750.36 
6,736.39 
3,009.98 
2,080.86 

62,577.09 




High Point, Randleman and Ashboro 




Southern Railway rolling stock_ _ 




Western Union Telegraph Co _ 






Hamlet 


1,776.00 
15, 650. 43 
16,544.06 
33,970.59 




Raleigh and Augusta 




Carolina Central 




Raleigh and Augusta 


Hoffman 


17,073.20 








17,073.20 


Hub 


3,782.55 








3,782.55 



70 



N. C. CORPORATION COMMISSION. 



STATEMENT D— Continued. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 


TTills:linrr> 


North Carolina _ __ _ _ 


.13 
.13 

.85 

1.00 
.90 

1.00 

1.08 
3.20 

.50 

.64 
.71 

.57 
1.29 

1.00 
2.94 

.50 

1.53 

22.98 

1.29 
4.52 


$20,799.32 

1,233.60 

59.43 

8,425.83 
59.42 

2,733.14 

13,246.62 
59.43 

2,710.63 

5,785.80 
59.43 

5,820.17 
59.43 

9,533.26 
59.43 

27,911.26 

22,246.12 
59.43 

9,410.98 
59.43 


$2, 703. 91 




Southern Railway rolling stock 


160. 36 




Western Union Telegraph Co 


50.52 




Atlanta, Tennessee and Ohio 






2,914.79 


TTn nfpvsvi Up 


8, 425. 33 




Western Union Telegraph Co 


53.49 




Cape Fear and Northern 






8,478.82. 


Holly Springs 


2, 733. 14 


Western North Carolina 






2,733.14 


Hot Springs 


13,226.35 
190. 20 


Western Union Telegraph Co 




Northampton and Hertford. __. 






13,416.55 




1,355.32 




W^ilmington and New Rern 






1,355.32- 




3,702.91 
42. 20 




Western Union Telegraph Co 




Albemarle and Raleigh 




Jamesville 


3,745.11 
3, 317. 50 




Western Union Telegraph Co 


76. 68 




Atlantic and Yadkin 






3,394.18 




9,533.26 




Western Union Telegraph Co 


174.75 




Wilmington and Weldon (Wilson and Fay.)___ 
Atlanta and Charlotte Air Line 






9,708.01 


Jerome. _ 


13,955.63 








13,955.63 


Kings Mountain. 


34, 036. 56 


Western Union Telegraph Co 


1,365.90 




Northwestern North Carolina 






35,402.46 




12,140.17 




Western Union Telegraph Co 


268.66 






12,408.8a 



ASSESSMENT OF RAILROAD PROPERTY. 
STATEMENT D— Continued. 



71 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 




Atlantic and North Carolina _ . -- — 


.91 

.3a 


$7,729.79 
8,425.84 


$7,034.11 




Wilmington and Weldon (Scotland Neck Br.)_ 


3,033.30 




Western Union Telegraph Co 


5.83 
1.00 


59.43 

15,808.52 


346. 52 




Raleigh and Augusta Air-Line . 




■\ 


10,413.9a 


Keyser 


15, 808. 52 






2.06 


59. 43 


122. 44 










15,930.96 













Kelfoi'd 


Roanoke and Tar River 


57 


8,412.77 
21,788.14 


4, 795. 18 
12,201.36 




Norfolk and Carolina _ _ _. _ . 


.56 




Western Union Telegi'aph Co 


3 50 


59. 43 


208 04 










17,204.58 













Kittrell 




.30 


27, 960. 98 


8,388.29 
76.68 




Western Union Telegraph Co 


1.29 
50 


59.43 
27 911 26 




Wilmington and Weldon (Wilson and Fay. Br.) 
Western Union Telegraph Co _ 






8,464.97 


Kenley 


13,955.63 
203. 28 




3.42 


59. 43 




■ 






14, 158. 91 


Littleton 


Raleigh and Gaston 


1 40 


27,960.98 
24.43 


39 145.37 




Atlantic Postal Telegraph Co. 


12.00 


293. 14 




Western Union Telegraph Co 


4.68 


59.43 


278. 17 










39,716.68 













Lowell 


Atlanta and Charlotte Air Line 


.96 
16.00 


22,246.12 
59. 43 


21,356.28 




Western Union Telegraph Co 


951. 04 










22,307.32 


LaGrange 


Atlantic and North Carolina 


1.24 


7,729.79 


9,584.94 

86.78 


Western Union Telegraph Co 


1.46 


59. 43 










9,671.72 













Lattimore 


South Carolina and Georgi a 


1.00 
.30 


5,486.54 

10,956.33 
59.43 


5,486.54 




Carolina Central ._ . _ . 




5,486.54 


Lumberton 


3,286.90 
101.64 




Western Union Telegraph Co ___ 


1.71 










3,388.54 



72 



N. C. CORPORATION COMMISSION. 



STATEMENT D— Continued. 



Town. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Laurinburg 



Lilesville . 



Liberty 



Lincolnton . 



Lenoir 



Lexington. 



Louisburg , 



Lucama 



Carolina Central 

Western Union Telegraph Co. 



Carolina Central 

Western Union Telegraph Co. 



Atlantic and Yadkin 

Western Union Telegraph Co. 



Carolina Central 

Carolina and Northwestern 

Western Union Telegraph Co. 



Carolina and Northwestern... 
Western Union Telegraph Co. 



Southern Railway rolling stock. 
North Carolina 

Western Union Telegraph Co 



Louisburg _. 



Wilmington and Weldon (Wilson and Fay. Br.) 
Western Union Telegraph Co 



Morehead City— Atlantic and North Carolina . 
Western Union Telegraph Co. 



Morrisville . 



North Carolina 

Southern Railway rolling stock. 
Western Union Telegraph Co 



1.20 
6.00 

1.00 
5.00 

1.43 
2.34 

1.80 
1.67 
1.83 

.m 

.57 

.50 

.50 

16. 33 

.55 

.53 

4.38 

3.25 

2.13 



$10,956.33 
59.43 

10,956,33 
59. 43 

8,971.21 
59.43 

10,956.33 

3,241.04 

59.43 

3,241.04 
59.43 

1,233.60 

20,799.32 

59.43 

5,220.00 

27,911,26 
59.43 

7,729.79 
59.43 

20,799.32 

1,233.60 

59.43 



$13,147.59 

356. 64- 

13,504.23 



10,956.33 


297. 19 


11.253.52 


12,828.84 


139.09 
12,967.93 


19,721.39 


5,412.53 


108. 77 


25,242.69 


1,944.62 


33.88 


1,978.45 


616. SO 


10,399.67 


970. m 


11,987.13 


2,871.00 


2,871.00 




14,792.97 


260.34 


15,053.31 


25,121.82 


126. 60 


25,248.42 


12,479.60 


740.17 


166.42 


13,386.19 



ASSESSMENT OF RAILROAD PROPERTY. 
STATEMENT D— Continued. 



73 



Town. 



Max ton 



Murfreesboro- 



Mebane. 



Mayocian 



Madison 



Mount Airy. 



Montezuma 



Mooresviile. 



Matthews 



Monroe 



Name of Road or Other Company, 



Atlantic and Yadkin 

Carolina Central 

WCvStern Union Telegraph Co. 

Western Union Telegraph Co. 



North Carolina 

Southern Railway rolling stock- 
Atlantic Postal Telegraph Co 

Western Union Telegraph Co 



Norfolk and Western 



Atlantic and Yadkin 

Norfolk and Western 

Western Union Telegraph Co. 



Atlantic and Yadkin 

Western Union Telegraph Co. 
Mt. Airy and Eastern 



Linville River 



Atlantic, Tennessee and Ohio 
Western Union Telegraph Co. 



Carolina Central 

Western Union Telegraph Co.. 



Carolina Central 

Georgia, Carolina and Northern. 
Western Union Telegraph Co 



Dis- 
tance. 



1.02 
1.28 
6.34 



Valuation 
Per Mile. 



$9,533.26 

10,956.33 

59. 43 

59. 43 



1.00 ' 20,799.32 
1.00 I 1,233.60 



1.40 
2.92 



24.43 
59. 43 



1. 10 10,231.20 



.56 
1.69 
3.14 



8,971.21 

10,231.20 

59. 43 



2.01 i 8,971.21 



3.17 
5.00 



..50 



2.00 
1.70 



.70 

.78 



59. 43 
1,430.00 



Total 

Assessed 
Value. 



$9, 723. 93 

14,024.10 

37(j. 84 



24,124.87 



67.76 



(7. 76 



20,799.32 

1,233.60 

34.20 

173. .» 



22,240.67 



11,254.33 
11,254.33 

5,023.88 

17,290.73 

186. 64 



22,-501.25 

18,032.14 

188. 42 

7, 1,50. 00 





25,370.56 


1,011.25 


505.63 




505. 63 


8,42-5.33 
59.43 


16,850.67 
101.03 


10,9-56.33 
.59.43 


16,951.70 

9,860.69 
356. 64 


10,9-56.33 

10,328.85 

59.-53 


10,217.33 

7,669.43 

8,056.30 

344.76 




16,070.49 



74 



N. C. CORPORATION COMMISSION. 
STATEMENT D- Continued. 



Town. 



Name of Road or Other Company, 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed. 

Value. 



Margarettsville __ 



Seaboard and Roanoke. 



Milton 



Mount Holly. 



McFarland . 



Marion 



Mocksville 



Morven 



Mooresboro- 



Marshville 



Murphy 



Maiden 



Western Union Telegraph Co. 



Carolina Central 

Western Union Telegra-ph Co_ 



Cberaw and Darlington 

Western Union Telegraph Co. 

South Carolina and Georgia.. 

Western North Carolina 

Western Union Telegraph Co. 



North Carolina Midland 

Western Union Telegraph Co. 



Cheraw and Darlington 

Western Union Telegraph Co. 



South Carolina and Georgia- 



Carolina Central. 



Western North Carolina 

Atlanta, Knoxville and Northern 
Western Union Telegraph Co 



Carolina and Northwestern _. 
Western Union Telegraph Co. 



1.00 

.26 

1.30 
1.00 

1.00 
1.92 

.60 
1.28 
4.40 

1.75 
.50 

1.00 
1.00 

1.00 

1.00 

.52 
.60 

.83 

1.00 
1.00 



$28,488. 



$28,488.93 



28,488.1 



59.43 



15.45 



! 


15.45. 


10,956.33 
59.43 


14,243.22 
59.44 




14,802.66 


4,548.72 
59.43 


4,548.72 
114.12 




4,662.84 


5,486.54 

12,246.62 

59.43 


3,291.92 

15,675.67 

261.55 

19,229.14 


2,727.64 
59.43 


4,773.37 

29.72 

4,803.09 


4,548.72 
59.44 


4,548.72 
59.44 


5,486.54 


4,608.16 

5,486.54 
5,486.54 


10,956.33 


10,956.33 
10,956.33 


12,246.62 

3,660.31 

59. 43 


6,368.25 

2, 196. 18 

49.33 




8,613.76 


3,241.04 
59.43 


3,241.04 
59.44 




3,300.48 



ASSESSMENT OF RAILROAD PROPERTY, 
STATEMENT D— Continued. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


Manly 


Raleigh and Augusta Air Line 


1.00 
3.00 

1.00 
3.48 

1.59 
5.72 

1.08 

4.28 

1.00 
10.00 

.18 

.67 
5.30 

3.79 
1.20 
8.86 

1.06 
1.40 

.67 

.67 

2.10 

.41 

5.72 


$15,808.52 
59.43 

27,960.98 
59.43 

12,246.62 
59.43 

12,246.62 
59.43 

27,684.62 
59.43 

1,266.92 

27, 684. 62 
59.43 

7, 729. 79 

5,785.80 

59.43 

7,729.79 
59.43 

4,397.18 
59.43 

3,241.04 

12,246.62 
59.43 


$15,808.52- 
178 32 




Western Union Telegraph Co 




Raleigh and Gaston _. ___ 


15,986.84 


Macon _ 


27,960.98 
206. 85 




Western Union Telegraph Co .__ _ 




• 
Western North Carolina 






28, 167. 88 


Morganton 


19,472.18 
339. 99 




Western Union Telegraph Co 




Western North Carolina . 






19,812.12 


Marshall . ___ 


12,614.02 
254 40 




Western Union Telegraph Co 




Wilmington and Weldon . 






12,868.42 


Magnolia . 


27 684 62 




Western Union Telegraph Co__ 


594 89 




East Carolina _ 






28,279.01 


Macclesfield 


228 04 




Wilmington and Weldon _ ___ 






228.04 


Mt. Olive - 


18,548.69 
815 03 




Western Union Telegraph Co 




Atlantic and North Carolina 






18,863.72 


New Bern __ 


29 295 90 




Wilmington and New Bern _ __ 


6 942.96 




Western Union Telegraph Co 


526. 63 




Atlantic and North Carolina 






36,765.49 


» 
Newport- 


8,193.58 

83 22 




Western Union Telegraph Co 




Wilmington and Weldon (Nashville Branch).. 
Western Union Telegraph Co. _. _ . 






8,276.80 


Nashville 


2,946.11 

39.82 






Carolina and Northwestern 






2,985.98 


Newton 


6, 806. 18 

5,021.11 

389 99 




Western North Carolina 




Western Union Telegraph Co 










12,167.28 



76 



N. C. CORPORATION COMMISSION. 
STATEMENT D-r-Continued. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 




Yadkin 


1.65 
.67 

.35 
.10 

1.49 
1.00 

.75 
2.80 

.70 
3.96 

.50 

1.00 

.34 

1.02 

2.15 

1.00 
5.00 

1.00 

1.00 
3.60 

.13 
.81 
.22 


$3,217.93 
59.43 

3,217.93 
59.43 

9,410.98 
59.43 

12,246.62 
59.43 

5,468.78 
59.43 

14,396.79 

5,820.17 
6,297.15 

8,425.84 
59. 43 

10,956.33 
59.43 

27,911.26 

20,799.33 
59.43 

5,820.17 

59.43 

1,663.16 


$5,309.58 




Western Union Telegraph Co _ 


39.82 




Yadkin 






5,349.40 


Norwood 


1,126.27 




Western Union Telegraph Co 


5. 94 




Northwestern North Carolina 






1,132.21 


N. Wilkesboro - 


14, 022. 36 




Western Union Telegraph Co 


59.44 




Western North Carolina 






14,081.80 


Old Fort 


9, 184. 97 




Western Union Telegraph Co . 


166.42 








Oxford 


9,351.39 

3,828.15 




Western Union Telegraph Co 


235.38 




Norfolk and Southern 






4,063.53 


Pantego _ __ __ 


7,198.39 




Alhpmjirlp find T-J.nlpie'h 






7,198.39 


Parmele 


5, 820. 17 




Wilmington and Weldon (Washington Br.) 

Wilmington and Weldon (Scotland Neck Br.)_ 
Western Union Telegraph Co 


2,141.03 

8,425.84 
127.79 




Carolina Central 

Western Union Telegraph Co 

Wilmington and Weldon (Wil.and Fay. Br.)-_ 
North Carolina - - 






16,514.83 


Polkton 


10,956.33 
297. 19 


Pembroke 


11,253.58 

27,911.26 


Pine Level 


27,911.26 
20,799.33 




Western Union Telegraph Co 

Albemarle and Raleigh 


213. 98 




21,013.31 


Plymouth 


756. 62 




Western Union Telegraph Co 

Washington and Plymouth .. 


48.14 
365. 89 




1,170.65 



ASSESSMENT OF RAILROAD PROPERTY. 
STATEMENT D-Continned. 



77 



Town. 


Name of Road or Other Company, 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


Pilot Mountain __ 


Atlantic and Yadkin_ _ 


1.48 
.90 

1.00 
19.33 

.33 

.49 
.50 

.40 

.45 

.65 
6.47 

1.00 

3.28 

.50 
1.00 
3.00 

.50 
.74 

.50 
5.15 

1.40 
.75 


$8,971.21 
59.43 

22,053.57 
59. 43 

2,128.57 

5, 785. 80 
59. 43 

20,799.32 

5, 820. 17 

27,684.62 
59.43 

27,911.26 
59. 43 

980.95 

9,533.26 

59.43 

9,533t26 
59.43 

10,956.33 
59.43 

59.43 
8,971.21 


S13,277.39 




Western Union Telegraph Co _ _ _ 


53. 49 




Charlotte, Columbia and Augusta 






13,330.88 


Pineville 


22,0.53.57 




Western Union Telegraph Co 


1,148.95 




Pittsboro - __ __ __ 




Pittsboro 


23,202.52 
702. 43 




Wilmington and Weldon. . 






702.43 


Polloclcsville 


2, S35. 04 




Western Union Telegraph Co. 


29.72 




North Carolina 




Princeton- _ „_ 


2,864.76 
8,319.73 




Albemarle and Raleigh . 




8,319.73 


Princeville 


2,619.08 








Pikeville 


2,619.08 
17 995 01 




Western Union Telegraph Co 


384 57 




Wilmington and Weldon (Fayetteville Br.).__. 
Western Union Telegraph Co _ 






18,379.58 


Rowland 


27,911.26 
194. 96 






Red Springs and Bowmore 






28,106.22 


Red Springs 


490 48 


Atlantic and Yadkin. 


9,533.26 

178 32 




Western Union Telegraph Co 




Atlantic and Yadkin .__ __ __. 






10,202.06 




4, 766. 63 




Western Union Telegraph Co 


43.98 




Carolina Central 






4,810.61 


Rockingham 


5, 478. 16 


Western Union Telegraph Co __ 


306. 11 




Western Union Telegraph Co 






5,784.27 


RaTYiKftnr 


83 22- 




Atlantic and Yadkin 


6,728.42 




6.811.64 



T8 



N. C. CORPORATION COMMISSION. 
STATEMENT D— Continued. 



Town. 



Robesonville 



Randleman 



Raleigh. 



Renuert 



Ruffin 



Roxboro. 



Reidsville 



Rocky Mount- 



. Saluda. 



Name of Road or Other Company. 



Albemarle and Raleigh 

Western Union Telegraph Co. 



High Point, Randleman and Ashboro. 
Western Union Telegraph Co 



.86 
.60 



.77 
.40 



Atlantic Postal Telegraph Co 22.65 

North Carolina 1.00 

Raleigh and Augusta AirLiue j .20 

Raleigh and Gaston t .90 

Southern Depot ; 

Southern Railway rolling stock 1.00 

Western Union Telegraph Co 31.32 



Wilmington and Weldon (Fayetteville Er.). 



Piedmont. 



Norfolk and Western 

Western Union Telegraph Co. 



Piedmont 

Atlantic Postal Telegraph Co. 
Western Union Telegraph Co- 



Wilmington and Weldon 

Wilmington and Weldon (Nashville Branch)— 
Western Union Telegraph Co 



Asheville and Spartanburg... 
Western Union Telegraph Co. 



2.00 



1.00 



2.00 

1.14 

3.00 

34.45 

1.13 

.23 

34.22 

1.00 
3.00 



Valuation 
Per Mile. 



$5, 820. 17 
59.43 

4,881.44 
59.43 

24.43 
20,799.32 
15,808.52 
27,960.98 



1,233.60 
59.43 

27,911.26 

28,463.61 

7,718.60 
59.43 

28,463.61 
24.43 
59.43 

27, 684. 62 

4,397.18 

59.43 



59.43 



Total 

Assessed 
Value. 



$5,005.34 


35.66 


5,041.00 


3,758.71 


23.78 


3,782.49 



553.29 

20,799.82 
3,161.70 

25,164.88 

10,000.00 
1,233.60 
1,861.63 

62,774.42 



55,822.52 



55,822.52 



28,463.61 



28, 463. 61 



7,564.21 

118. 88 

7,6aS.09 



32,448.51 

73.28 

2,047.67 

34, 569. 46 



31,283.63 
1,011.35 
2,033.99 



34,328.97 



8, 829. 79 

178.32 

9,008.11 



ASSESSMENT OF RAILROAD PROPERTY. 



79 



STATEMENT D— Continued. 



Town. 



San ford 



Statesvillc 



Stanly Creek 



Staley. 



Shelby . 



Star . 



Salem. 



Selma. 



• Salisbury. 



Name of Road or Other Company 



Atlantic and Yadlfin (A. C. L.) 

Atlantic and Yadkin (Southern) 

Raleigh and Augusta Air Line 

Western Union Telegraph Co 

Atlantic, Tennessee and Ohio 

Western North Carolina 

Statesville and W^estern. 

Western Union Telegraph Co 

Carolina Central 

Western Union Telegraph Co 

Atlantic and Yadkin 

Carolina Central 

South Carolina and Georgia 

Western Union Telegraph Co 

Aberdeen and Ashboro 

Northwestern North Carolina 

Western Union Telegraph Co 

North Carolina 

Wilmington and Weldon (Fayetteville Branch) 

Southern Railway rolling stock 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

North Carolina 

Yadkin 

Western North Carolina 

Southern Railway rolling stock 

Western Union Telegi'aph Co 



Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


.00 


$9,533.26 


$5,719.96 


.56 


8,971.21 


5,023.88 


1.00 


15,808.52 


15,808.52 


11.35 


59.43 


674.63 


.26 


8, 425. 33 


27,226.99 


2, 190. 59 


.74 


12,246.62 


9,062.49 


.67 


3,312.86 


2,219.62 


8.62 


59.43 


512.36 
13,985.06 


.50 


10,956.33 




5,478.16 


.83 

.87 


59.43 
8,971.21 


49.33 


5,527.49 


7,804.96 


1.10 


10,956.33 


7,804.96 


12,051.96 


1.40 


5,486.54 


7,681.16 


5.27 


59.43 


313.24 


1.00 


2,701.30 


20,046.36 


2,701.30 


.37 


9,410.98 


2,70:.30 


3,482.06 


1.71 
1.00 


59.43 

20,799,32 


101.64 


3,583.70 


20,799.32 


.92 


27,911.26 


25,678.36 


1.00 


1,233.60 


1,233.60 


11.42 


59.43 


678.79 


48,390.07 





3.70 


24.43 


90.38 


1.30 


20,799.32 


27,039.13 


.52 


3,217.93 


1,673.32 


1.27 


12,246.62 


15,55:3.21 


1.30 


1,233.60 


1,603.68 


.51.57 


59.48 


3,243.57 


49,203.29 



80 



N. C. CORPORATION COMMISSION. 
STATEMENT D— Continued, 



Town. 



Southern Pines 



SilerCity 



Nanie of Road or Other Company. 



Raleigh and Augusta Air Line 
Western Union Telegraph Co-_ 



Stoneville 



Atlantic and Yadliin 

Western Union Telegraph Co. 



Norfolk and Western 

Western Union Telegraph Co. 



Sylva 1 Western North Carolina 

Western Union Telegraph Co. 



Springhope j Wilmington and Weldon (Nashville Branch) 

I 
Western Union Telegraph Co 



Scotland Neck... 



Smithfield. 



Seaboard 



Wilmington and Weldon 

Western Union Telegraph Co. 



Western Union) Telegraph Co. 
Atlantic Coast Line 



Seaboard and Roanoke 

i Western Union Telegraph Co. 



Tryon City 



Trinity 



Tarboro 



Asheville and Spartanburg... 
Western Union Telegraph Co. 



High Point, Randleman and Ashboro. 
Western Union Telegraph Co 



Albemarle and Raleigh __. 

Norfolk and Carolina 

Wilmington and Weldon. 



Dis- 
tance. 



1.46 
3.51 



1.06 
2.00 



1.03 
1.74 



1.00 
.67 



Valuation 
Per Mile. 



$15,808.52 



1.00 
1.00 



.90 
.65 



1.00 
4.00 



1.00 

2.70 



,76 



1.20 
.22 
.25 



8,425.84 
59.43 



Total 

Assessed 
Value. 



$23,080.43 



59.43 


208.63 




23,289.06 


8,97L21 
69.43 


9,509.48 
118.88 




9,628.36 


10,231.20 
59.43 


10,538.14 
103.43 




10.641.57 


12,246.62 
59.43 


12,246.62 
39.82 




12,286.44 


4,397.18 
59.43 


2,946.11 
35.66 



2,981.77 

8, 425. 84 
59.44 



8,485.28 





" 


59.43 


53.49 


27,911.26 


18,142.31 
18,195.80 




■ 


28,488.93 


28,488.93 


59.43 


237.76 




28,726.69 


8,829.79 


8,829.79 


59.43 


160.48 




8,990.27 


4,881.44 


3,709.90 


59.43 


47.55 




3,757.45 


5,820.17 


6,984 20 


12,788.14 


4,793.39 


21,650.70 


5,412.68 



ASSESSMENT OF RAILROAD PROPERTY. 



81 



STATEMENT D— Continued. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 


Tarboro— (Con.)__ 




14.87 
.10 

1.00 

1.00 

30.05 

.42 
.37 

.25 

.50 

.14 
1.50 

.85 
3.48 

.32 

1.20 

.40 

21.38 

1.20 
1.00 
.42 
1.57 
1.25 
49.28 


S59.43 
1,266.92 

■ 
20,799.32 

1,283.60 

59.43 

3,312.86 
59.43 

2,701.30 

2,722.38 

8,829.79 
12,246.62 

27,960.98 
59.43 

28,488.93 

27, 684. 62 

27,960.98 

59. 43 

5,000.00 
10,956.33 

5,785.80 
27,684.62 

5,800.00 
59.43 


$883. 85 




126. 69 




North Carolina 

Southern Railway rolling stock 

Western Union Telegraph Co - - 




Thomasville 


18,200.81 

20,799.32 
1,283.60 
1, 786. 14 




Statesville and Western _ _ 




Taylorsville 


23,819.06 
1,391.41 


Western Union Telegraph Co . _ - 


21.99 




Aberdeen and Ashboro . . 






1,413.40 


Xrov 


675.81 




Transylvania - _ _ 






675. 81 




1,861.19 




Asheville and Spartanburg _ _ 






1, 361. 19 


Vif>tnrin 


1,236.17 




Western North Carolina 


18,369.93 




Raleigh and Gaston 




19, 606. 10 




23,766.83 




Western Union Telegraph Co 


206. 85 




Seaboard and Roanoke __ 




Weldon 


23,973.68 
9,116.45 




Wilmington and Weldon.. 


33,221.55 
11,184.39 




Raleigh and Gaston . 




Western Union Telegraph Co ___ 


1,270.80 




Wilmington and Brunswick Co. Junction 

Carolina Central 




54,793.19 


Wilmington 


6,000.00 
10,956.33 

2,430.04 
43,464.86 

7,250.00 

2,929.14 
150.00 




Wilmington and New Bern 




Wilmington and Weldon 




Wilmington Dummy Line _ _ 




Western Union Telegraph Co ._ 




Atlantic Postal Telegraph Co 










73,180.37 



82 



N. C. CORPORATION COMMISSION. 
STATEMENT D— Continued. 



Town. 


Name of Road or Other Company. 


Dis- ^ 
tance. 


V^al nation 
Per Mile. 


Total 

Assessed 

Value. 


Wallace 


Wilmington and Weldon 


1.00 
6.70 

1.00 

.46 

14.20 

.81 
17.23 

1.00 
17.19 

.50 
.50 

1.18 
.92 

1.50 

1.00 
3.39 

1.00 

2.50 
.94 
1.29 
1.17 
9.33 


$27,684.62 
59.43 

27,684.62 

4,362.85 

59.43 

27,684.62 
59.43 

27,684.62 
59.43 

14,396.79 
59.43 

5, 820. 17 
59.43 

1,920.00 

27,968.98 
59.43 

10,956.33 

24.43 
2,727.64 
9,410.98 
10,231.20 

59.43 


$27,684.62 
398. 25 




Western Union Telegraph Co 




Wilmington and Weldon 






28,082.87 


Warsaw 


27,684.62 

2,006.91 

844. 03 




Wilmington and Weldon (Clinton Branch) 

Western Union Telegraph Co . . 




Wilmington and Weldon 




Wilson 


30,535.56 

22,424.55 
1, 024. 13 




Western Union Telegraph Co _ _ _ 




Wilmington and Weldon 






23,448.68 


Whitaker 


27,684.62 
1,021.75 




Western Union Telegraph Co 




Norfolk and Southern 






28,706.37 


Windfall 


7,198.39 
29.72 




Westei'n Union Telegraph Co 




Albemarle and Raleigh 


7,228.11 


Williamston 


6, 867. 80 






54.68 




Wellington and Powellsville 






6,922.48 


Windsor 


2,880.00 






Wake Forest-- . 


2,880.00 

27,960.98 
201.50 




Western Union Telegraph Co 




CJarolinn OPTitml 






28,162.48 


Waco 


10,956.33 




Atlantic Postal Telegraph Co _— _ 




10,956.33 


Winston 


61.07 




North Carolina Midland __ — 


2, 563. 98 






12, 140. 17 

11,970.51 

554.56 




Norfolk and Western _. 




Western Union Telegraph Co 




« 






27,290.29 



J 



ASSESSMENT OF RAILROAD PROPERTY. 
STATEMENT D— Continued. 



83 



Town. 



"Waxhaw , 



Whiteville. 



Waynesville 



Washington. 



Youngsville . 



Warreuton . 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Georgia, Carolina and Northern 

Western Union Telegraph Co 

Wilmington, Columbia and Augusta 

Yf estern Union Telegraph Co 

Western North Carolina 

Western Union Telegraph Co 

Wilmington and Weldon (Washington Br'ch) 

Western Union Telegraph Co 

Washington and Plymouth 

Raleigh and Gaston 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 



.31 



1.06 
6.60 

1.34 
.93 

.97. 

2.00 

.23 

.50 

1.74 
6.40 



810,328.85 
59.43 



Total 

Assessed 

Value. 



S3, 201. 94 
51. 72 



3, 253. 66 



11,801.89 


12,510.00 


59.43 


392.30 




12,902.30 






12, 246. 62 


16,410.47 


59. 43 


55.28 




16,46.5.75 


6,297.15 


6,108.24 


59.43 


118.88 


1,663.16 


382.53 




6,609.65 






27,960.98 


13,980.49 




13,980.49 


59.43 


103.42 


24.43 


156.34 




259.76 



84 



N. C. CORPORATION COMMISSION. 



Southern Express Company 



STATEMENT E— 1903. 



Total valuation $225, 770. 00 

Valuation per mile 67,839 

Number of miles ' 3,828 

Apportioned to counties as follows : 



Alamance __. 
Alexander __. 

Anson 

Beaufort 

Bladen 

Bertie 

Brunswick 

Buncombe __. 

Burke 

Cabarrus 

Caldwell 

Camden 

Carteret 

Caswell 

Catawba 

Chatham 

Cherokee 

Chowan 

Cleveland 

Columbus 

Craven __. 

Cumberland . 

Currituck 

Davidson 

Davie 

Duplin 

Durham 



County. 



Mileage. 


Rate 
Per Mile. 


Amount 
to County. 


17.05 


$67,839 


$1,156.68 


9.16 


67.839 


621.43 


41.40 


67.839 


2,808.56 


18.42 


67.839 


1,249.62 


32.80 


67.839 


2,225.14 


40.69 


67. 839 


2,760.89 


25.08 


67.839 


1,701.43 


57.82 


67.839 


3,922.48 


31.88 


67.839 


2,162.73 


18.31 


67.839 


1,242.16 


11.81 


67.839 


801.20 


5.00 


67.839 


339.23 


16.00 


67.839 


1,085.45 


22.45 


67.839 


1,523.00 


34.80 


67. 839 


2,360.81 


62.10 


67.839 


4,212.82 


37.05 


67. 839 


2,513.45 


4.20 


67.839 


284. 94 


52.07 


67.889 


3,582.39 


84.46 


67.839 


5,729.70 


57.98 


67.889 


3,933.32 


71.02 


67.889 


4,817.94 


14.30 


67.839 


970. 11 


24.80 


67.839 


1,682.42 


12.38 


67.839 


839.86 


86.96 


67.839 


2,507.34 


57.95 


67.839 


3,931.29 



ASSESSMENT OF EXPRESS COMPANY PROPERTY. 



85 



STATEMENT E— Continued. 



County. 


Mileage. 


Rate 
Per Mile. 


Amount 
to County, 




61.45 


$67,839 


$4,168.72 
5,167.31 


Forsyth _ _ _ _ __ 


76.17 


67. 839 


Franklin _ __ 


1 

22.91 


67.839 


1,554.21 
4,0.54.07 
1,004.71 


•Gaston _ . _ 


59.76 


67.839 


Gates _____ 


14.81 


67.839 


Granville 


68.37 


67 839 


4, 638. 17 
7 074 94 


Guilford * 


104.29 
81.35 


67. 839 
67. 839 


Halifax 


5, 518. 72 


Harnett _ _ 


20.02 


67.839 


1,358.15 


Haywood 


21.57 


67 839 


1 463 30 


Hendei'son _ 


33.06 


67 839 


2,242.78 
985 73 


Hertford . * 


14.53 


67 839 


Iredell 


52 91 


67 839 


3,589.39 
1,552.86 
4 739 26 


Jackson 


22 89 


67 839 


Johnston 


69 86 


67 839 


Jones 


16.26 


67.839 


1, 103. 09 


Lenoir 


28 07 


67 839 


1,904 27 

2,025.70 

174 37 


liincoln 


29 86 


67 839 


Macon 


2 57 


67 839 


Madison _ „ 


28 30 


67 839 


1 919 87 


Martin 


51 38 


67 839 


3,485.59 
3 089 41 


McDowell 


45 54 


67 839 


Mecklenburg 


82 10 


67 839 


6,569.61 
1,645.12 
5,723.60 
2,060.97 
2,285.52 
3,440.82 
2,463.26 
1,877.13 

852.76 
4,262.35 
1,105.80 
1, 858. 14 
4,307.12 

678.42 
4,771.14 
5,326.74 
6,491.72 


Mnnlg-omfiry 


24 25 


67 839 


Moore 


84 37 


67 839 


Nash 


30 38 


67 839 


New Hanover 


33 69 


67 839 


Northampton _ _ _ _ . 


50 72 


67 839 


Onslow 


36 31 


67 839 


Orange 


27 67 


67 839 


Pasquotank 


12 57 


67 839 


fender 


62 83 


67.839 
67.839 
67.839 
67 839 


Perquimans 


16 30 


Person 


27 39 


Pitt 


63 49 


Polk 


10 00 


67 839 


Randolph 


70 33 


67.839 
67 839 


Richmond ._ 


78 52 


Robeson \ 


95.69 


67.839 



86 



N. C. CORPORATION COMMISSION. 



STATEMENT E— Continued. 



County. 



Rockingham 

Rowan . 

Rutherford _. 

Sampson 

Stanly 

Scotland 

Stokes 

Surry 

Swain 

Transylvania 

Union 

Vance 

Wake 

Warren 

Washington _ 

Wayne 

Wilkes 

Wilson 

Total— 



Mileage. 


Rate 
Per Mile. 


Amount 
to County. 


59.36 


$67,839 


84,026.95- 


54.78 


67.839 


3,716.25- 


42.50 


67.839 


2,883.18 


49.35 


67.839 


3,347.88 


23.19 


67. 839 


1,573.21 


17.21 


67.839 


1,167.33 


31.47 


* 67.839 


2,134.92 


52.55 


67.839 


3,564.96 


38.36 


67.839 


2,602.30 


19.10 


67. 839 


1,295.75 


39.80 


67.839 


2,700.02 


35.41 


67.839 


2,402.20 


73.00 


67.839 


4,952.27 


31.20 


67.839 


2,116.60 


21.87 


67.839 


1,483.66 


58.99 


67.839 


4,001.85 


18.11 


67.839 


1,228.59 


31.27 


67.839 


2,121.35 


3.328.00 




225.770.00- 



ASSESSMENT OF PULLMAN PROPERTY. 



8T 



The Pullman Company. 



STATEMENT P— 1902. 



Assessment in North Carolina. 



County. 


County Seat. 


Atlantic 
Coast 
Line. 


Seaboard 

Air 

Line. 


Southern. 


Totals. 




Graham 






$2,725.52 


$2,725.52 
4,328.78 




Wadesboro _ _ 




$4,328.78 


Bertie — - 


Windsor . 


















'RnnnATTiViP 


Asheville 






7,214.62 
4,649.43 
2,725.52 
1,122.27 
3,527.15 


7,214.62 
4,649.43 
2, 725. 52 


















Caswell 








1,122.27 










3,527.15 
2,565 20 


Chatham. -- 


Pittsboro - 




2,565.20 




Shelby 




1,282.60 


1,282.60 


Columbus 


Whiteville 












$5,130.40 






5, 130 40 








3,847.80 


3,847.80 
5,290.72 
2,565.20 
1,763.57 






5,290.72 










2,565.20 






1,763.57 








2,084.23 




2,084.23 
3. 687. 47 


Gaston - - 


Dallas - 




3,687.47 


Gates - 


Gatesville 








Guilford 








8,657.55 


8,657.55 

• 8,817.87 

961.95 


Halifax 


Halifax 

Lillington 


4,008.12 
961.95 


4,809.75 


Harnett . 








j 


3,366.82 


3,366.82 


Hertford _ 


Winton . 




i 


Iredell 


Statesville 






3,206.50 
4,328.78 
4,489.10 
5,130.40 
4,008.13 


3,206.50 

8, 817. 88 


Johnston . _ _ 


Smithfield 


4,489.10 




Madison 






4,489.10 
5,130.40 
7, 695. 60 


McDowell 








Mecklenburg 


Charlotte __ 




3,687.47 



N. C. CORPORATION COMMISSION. 



THE PULLMAN COMPANY— Continued. 



County. 


County Seat. 


Atlantic 
Coast 
Line. 


Seaboard 
Air 
Line. 


Southern. 


Totals. 


Mooi'e 


Carthage _ _ 




$6,092.35 




$6,092.35 
1,763.57 
1,442.93 
4,008.12 
2, 725. 53 
4,008.13 
1,603.25 


Nash 


Nashville 


$1,763.57 
1,442.93 
1,282.60 










Jackson 


. 

2,725.52 




Orange 


Hillsboro 


$2,725.53 


Pender 


Burgaw 


4,008.13 




Polk 


Columbus 




1,603.25 
160.33 










160. 33 






5,130.40 
5^451.05 




5,130.40 
5,451.05 
3,366.83 
6,092.35 




Lumberton 






Rockingham 


Wentworth 




3,366.83 
6,092.35 


Rowan 


Salisbury 






Union 


Monroe 




6,252.68 
3,206.50 
5,451.05 
3,687.47 


6,252.68 
3,206.50 
10,100.48 
3,687.47 
4,649.43 
4,809.75 


Vance 


Henderson 






Wake 


Raleigh. 




4,649.43 


Warren . 


Warrenton 






Goldsboro 


4,649.43 
4,809.75 




Wilson _ 


Wilson 














Total — 


50,181.72 ! 44.891.00 


85,132.58 


180,205.80 








' 



ASSESSMENT OF TELEGRAPH PROPERTY. 



89 



Western Union Telegraph Company, 



STATEMENT G— 1902. 



Valuation of property i S850,000.00 

Total mileage 14,300.43 

Value per mile 59.4387 



Apportioned to counties and towns 


as follows 






County. 


Miles. 


Value 

Per 

Mile. 


Valuation. 




89.00 


S59. 438 


$.5,290.05 
416. 07 


Alexander . _ _ 


7.00 
182.00 


59.438 
59. 438 


Anson .__ . -_ 


10,817.85 


Beaufort- » - 


18.00 


59. 438 


1, 069. 90 


Bertie 


70 00 


59 43g 


4 160 T'> 


Bladen- _ _ 


99.00 


59. 438 


5 884 44 


Brunswick 


117 50 


59 438 


6,984.05 
12,565.95 
7 '^51 53 


Buncombe 


211 41 


59 438 


Burke 


122. 00 


59. 438 


■Cabarrus - __ - 


305. 69 


59. 438 


18,169.84 
832.14 

297 20 


Caldwell 


14 00 


59 438 


Camden 


5.00 


59. 438 


•Carteret 


32 00 


59 438 


1,902.04 

12,039.32 

6,062.75 

6,300.-50 

2,251.54 

237.75 

10,937.33 

21,073.42 

7.964,80 

15,691.83 

832 14 


Caswell 


202 55 


59 438 


Catawba 


102 00 


59,438 
59 438 


Chatham __ • 


106.00 


Cherokee - 


37.88 


59. 438 


Chowan _ 


4 00 


59 438 


Cleveland 


184 01 


59 438 


•Columbus- - _ 


354 54 


59 438 


"Craven 


134 00 


59 438 


Cumberland— 


264 00 


59 438 


€urrituck 


14 00 


59 438 


•Davidson _ 


697 36 


59.438 
59.438 
59,438 
59.438 


41,450.22 
1,248.22 

21,279.08 
9.742.02 


Davie _ ._- 


21 00 


Duplin 


358 00 


Durham 


163.90 



90 



N. C. CORPORATION COMMISSION. 



WESTERN UNION TELEGRAPH COMPANY— Continued. 



County. 


Miles. 


Value 
Per 
Mile. 


Valuation. 


Edgecombe 


557. 87 


S59 438 


533,159. 11 

8,005.21 

2,853.06 

20,575.92 

4,457.91 


Forsyth — - 


134. 68 


59 438 


Franklin . _ 


48.00 


59. 438 


Gaston 


346. 17 


59. 438 


Gates 


75.00 


59.438 


Granville 


93.50 


59.438 


5,557.53 
70,681.62 
2,971.94 
1,248.22 
27,968.92 
5,504.03 
4,160.72 


Guilford 


1, 189. 15 


59 438 


Harnett' _ _ 


50.00 


59. 438 


Haywood _ _ 


21.00 


59. 438 


Halifax __ . . _ _ 


470. 55 


59. 438 


Henderson _ 


92.60 


59. 438 


Hertford 


70.00 


59.438 


Iredell . _. . __ 


125.00 


59.438 


7,429.85 

1,367.09 

20,922.45 

921.30 


Jackson 


23.00 


59.438 


Johnston __. 


352. 00 


59. 438 


Jones. -_ 


15.50 


59.438 


Lenoir 


43.00 


59. 438 


2,555.87 
1,069.90 
9,100.08 


Lincoln . 


18.00 


59. 438 


McDowell 


153. 10 


59.438 


Macon _ _ . _ _ . 


2.00 
112,00 
120.00 


59.438 
59. 438 


118 88 


Madison _ _ 


6, 657. 14 

7,132.65 

46, 782. 47 


Martin. ._ __ .__ 


59. 438 


Mecklenburg _ _ _ 


787. 07 


59.438 


Mitchell 


5.00 
139.50 


59.438 
59.438 


297. 19 


Moore 


8,291.71 


Nash 


19.00 


59.438 


1,129.34 


New Hanover 


191.56 
315 00 


59.438 
59. 438 


11,386.08 


Northampton 


18, 723. 21 


Onslow ______ _ __ 


36.00 


59.438 


2,139.80 


Orange 


108.00 


59. 438 


6,419.39 


Pasquotank .__ __ . . _ 


13.00 


59. 438 


772. 71 


Pender 


309. 00 


59.438 


18,366.58 


Perquimans .__ 


16.00 


59.438 


951.02 


Person _ . . 


58.00 


59.438 


3,447.45 


Pitt 


134.00 


59.438 


7,964.80 


Polk 


40.00 


59. 438 


2,377.55 


Randolph 


87.50 


59.438 


5,200.89 


Richmond 


159.39 


59.438 


9,473.94 



ASSESSMENT OF TELEGRAPH PROPERTY. 



91 



WESTERN UNION TELEaSAPH COMPANY— Continued. 



County. 



Scotland 

Robeson 

Rockingham 

Rowan 

Rutherford _. 

Sampson 

Stanly 

Stokes 

SuiTy 

Swain 

Union 

Vance 

Wake 

Warren 

Washington . 

Wayne 

Wilkes 

Wilson 



Miles. 



101.61 

341.00 

666.65 

903. 10 

52.90 

96.00 

23.00 

74.00 

68.00 

39.00 

203. 90 

96.00 

365. 84 

129.00 

12.00 

349. 76 

18.00 

314.69 



Value 

Per 
Mile. 



$59. 
59, 
59, 
59, 
59, 
59, 
59, 
59, 
59, 
59, 
59, 
59, 
59, 
59, 
59, 
59, 



438 
438 
438 
438 
438 
438 
438 
438 
438 
438 
438 
438 
438 
438 
438 
438 



14,300.43 



Valuation. 



039.58 
268. 62 
624.86 
679. 15 
144.30 
706. 12 
367.09 
398. 47 
041. 84 

318. 11 
119.57 

706. 12 
745.08 
667. 60 
713.27 
789.30 
069 90 
704. 79 



850,000.00 



92 



N. C. CORPORATION COMMISSION. 



WESTERN UNION TELEGRAPH COMPANY— Continued. 



Town. 



lies 
y\^lre. 


Value 

Per 
Mile. 


Valuation. 


3.00 


$59,438 


$178.32 


1.48 


59.438 


87.97 


.80 


59.438 


47.55 


6.30 


59.438 


374.45 


1.07 


59.438 


63.60 


26.78 


59.438 


1,591.77 


.30 


59.438 


17.83 


6.89 


59.438 


409.53 


2.50 


59.438 


148.60 


42.50 


59.438 


2,526.11 


.27 


59.438 


16.05 


4.77 


59.438 


283.52 


.80 


59. 438 


47.55 


3.30 


59.438 


196. 15 


10.00 


59.438 


594.39 


2.79 


59.438 


165.83 


.57 


59.438 


33.88 


17.84 


59.438 


1,060.39 


9.03 


59.438 


536.73 


68.52 


59.438 


4,072.74 


1.16 


59.438 


68.95 


29.87 


59.438 


1,775.44 


4.00 


59.438 


237.76 


.33 


59.438 


19.62 


7.91 


59.438 


470. 16 


3.60 


59.438 


213.97 


8.21 


59.438 


488.00 


.63 


59.438 


37.45 


5.00 


59.438 


297. 19 


5.32 


59.438 


316.21 


.73 


59.438 


43.39 


1.83 


59.438 


108.77 


.76 


59.438 


45. 17 


.67 


59.438 


39.82 


5.00 


59.438 


297.19 


5.38 


59.438 


319.78 


1.00 


59.438 


59.44 


.93 


59.438 


55.28 



Aberbeen 

Ahoskie 

Albemarle 

Apex 

Asbboro 

Ashevilie 

Ayden 

Battleboro 

Benson 

Bessemer City. 

Bethel 

Black Creek 

Bryson City 

Burgaw 

Burlington 

Cameron 

Canton 

Cary 

Chadbourn 

Charlotte 

Cherry ville 

China Grove— 

Claremont 

Clinton 

Clayton 

Olarkton 

Concord 

Conetoe 

Conover 

Cleveland 

Clyde 

Davidson 

Dallas 

Dillsboro 

Dunn 

Durham 

Earles 

Elkin 



ASSESSMENT OF TELEGRAPH PROPERTY. 



93 



WESTERN UNION TELEGRAPH COMPANY— Continued. 



Town. 



Elk Park 

Ellenboro 

Elm City 

Enfield 

Everett 

Faison 

Fair Bluflf. 

Fayetteville 

Forest City 

Four Oaks 

Franklinton 

Fremont 

Gastonia 

Goldsboro 

Greensboro 

Greenville 

Grifton 

Grover 

Henderson 

Hendersonville- 

Hickory 

High Point 

Hillsboro 

Hobgood 

Hope Mills 

Halifax 

Hunters ville 

Hot Springs 

Jacksonville 

Jamesville 

Jonesboro 

Kenley 

Kelford 

Kernersville 

Kings Mountain 

Kinston 

Kittrell 

Keyser , 



Miles 
of Wire. 


Value 

Per 

Mile. 


Valuation. 


1.20 


$59,438 


$71.33 


1.51 


59.438 


89.75 


17.22 


59.438 


1,023.54 


17.68 


59.438 


1,050.88 


.80 


59.438 


47.55 


6.70 


59.438 


398.24 


5.04 


59.438 


299.57 


18.64 


59.438 


1,107.95 


.83 


59.438 


49.33. 


2.85 


59.438 


169.40 


2.10 


59.438 


124.32 


5.67 


59.438 


337.02 


41.35 


59.438 


2, 457. 79 


17.15 


59.438 


1,019.37 


108.52 


59.438 


6, 450. 30 


1.00 


59.438 


59. 44 


1.46 


59. 438 


86. 78 


8.84 


59.438 


525.44 


7.06 


59.438 


419. 64 


4.94 


59.438 


293. 63 


10.85 


59.438 


644. 92 


35.00 


59.438 


2,080.36 


.85 


59.438 


50.52 


5.00 


59.438 


297. 19 


8.12 


59.438 


482. 64 


10.00 


59.438 


594.30 


.90 


59.438 


53.49 


3.20 


59.438 


190.20 


.71 


59.438 


42.20 


1.29 


59.438 


76.68 


2.94 


59.438 


174.75 


3.42 


59.438 


203.28 


3.50 


59.438 


208.04 


4.52 


59.438 


268.66 


22.98 


59.438 


1,365.90 


5.83 


59.438 


346.52 


1.29 


59.438 


76.68 


2.06 


59.438 


122.44 



94: 



N. C. CORPORATION COMMISSION. 



WESTERN UNION TELE(JRAPH COMPANY— Continned. 



Town. 



LaGrange 

Laurinburg 

Lenoir 

Lexington 

Liberty 

Lilesville 

Littleton 

Lincolnton 

Lowell 

Lucanaa 

Lumberton 

Macon 

Madison 

McFarland 

Maiden 

Manly 

Magnolia 

Marion 

Marshall 

Mebane 

Maxton 

Milton 

Mocksville 

Morehead City. 

Monroe 

Mooresville 

Mt. Airy 

Mt. Holly 

Morrisville 

Morven 

Morganton 

Mt. Olive 

Murfreesboro _ 

Murphy 

Matthews 

Nashville 

New Bern 

New London _. 



Miles 
of Wire. 



Value 
Per 

Mile. 



S59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 



59.438 
59.438 
59. 438 
59.438 
59.438 
59. 438 
59.438 
59.438 
59. 438 
59. 438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 



59.438 
59. 438 



Valuation. 



ASSESSMENT OF TELEGRAPH PROPERTY. 



95 



WESTERN UNION TELEGRAPH COMPANY— Continued. 



Town. 



Newport ._ 

Newton 

North Wilkesboro. 

Norwood 

Old Fort 

Oxford 

Parmele 

Pikeville 

Pine Level 

Pilot Mountain __. 

Pineville 

Polkton 

Pollocksville 

Plymouth 

Ramseur 

Randleman 

Raleigh 

Red Springs 

Reidsville 

Robersonville 

Rockingham 

Rocky Mount 

Roseboro 

Rowland 

Roxboro 

Salem 

Salisbury 

Saluda 

Sanford 

Seaboard ,_. 

Selma 

Scotland Neck 

Shelby 

Siler 

Smithfield 

Southern Pines___ 

Springhope 

Stanly Creek . 



Miles 
of Wire. 


Value 
Per 

Mile. 


Valuation. 


1.40 


859.438 


883.22 


5.72 


59.438 


339.99 


1.00 


59.438 


59.44 


.10 


59.438 


5.94 


2.80 


59.438 


166.42 


3.96 


59.438 


235.38 


2.15 


59.438 


127.79 


6.47 


59.438 


384.57 


3.60 


59.438 


213.98 


.90 


59.438 


53.49 


19.33 


59.438 


1,148.95 


5.00 


59.438 


297. 19 


.50 


59.438 


29.72 


.81 


59.438 


48.14 


1.40 


59.438 


83.22 


.40 


59.438 


23.78 


31.32 


59.438 


1,861.63 


3. CO 


59.438 


178.32 


34.45 


59.438 


2,047.67 


.60 


59.438 


35.66 


5.15 


59.438 


306.11 


34.22 


59.438 


2,033.99 


.74 


59.438 


43.98 


3.28 


59.438 


194.96 


2.00 


59.438 


118.88 


1.71 


59.438 


101.64 


54.57 


59.438 


3,243.57 


3.00 


59.438 


178.32 


11.35 


59.438 


674.63 


4.00 


59.438 


237.76 


11.42 


59.438 


678.79 


1.00 


59.438 


59.44 


5.27 


59.438 


313.24 


2.00 


59.438 


118.88 


.90 


59.438 


53.49 


3.51 


59.438 


208.63 


.60 


59.438 


35.66 


.83 


59.488 


49.33 



96 



N. C. CORPORATION COMMISSION. 



WESTERN UNION TELEGRAPH COMPANY— Continned. 



Town. 



Statesville ._, 

Stoneville 

Sylva 

Tarboro 

Taylorsville. 
Thomasville. 

Trinity . 

Tryon City— . 

Vaughan 

Wallace 

Warrenton__ 

Warsaw 

Washington 

Waxhaw 

Waynesvilie. 
Wake Forest 

Weldon 

Whiteville__. 

Whitaker 

Williamston. 
Wilmington. 

Wilson 

Winfall 

Winston 



Miles 
of Wire. 



8.62 

1.74 

.67 

14.87 

.37 

30.05 

.80 

2.70 

3.48 

6.70 

1.74 

14.20 

2.00 

.87 

.93 

3.39 

21.38 

6.60 

17.19 

.92 

49.28 

17.23 

.50 

9.33 



1,259.51 



Value 
Per 
Mile. 



V^aluation. 



$59,438 
59.438 
59.438 
59.438 
59. 438 
59.438 
59. 438 
59. 438 
59.438 
59. 438 
59.438 
59.438 
59.438 
59.438 
59.438 
59. 438 
59.438 
59.438 
59.438 
59. 438 
59.438 



59. 438 



59. 438 



$512.36 

103.43 

39.82 

883.85 

21,99 

1,786.14 

47.55 

160.48 

206. 85 

398.25 

103.42 

844.03 

118.88 

51.72 

55.28 

201.50 

1,270.80 

392.30 

1,021.75 

54.68 

2,929.14 

1,024.13 

29.72 

554.56 



74,863.72 



Miscellaneous Telegraph Companies. 



STATEMENT H. 



Name of Company. 


Post-office Address. 


Valuation. 


Atlantic Postal Telegraph Cable Co 


W. H. Baker, 253 Broadway, N. Y_ 
W. C. Petty, Carthage 


$60,000.00 


Carthage Telegraph Co .. _ _ 


400.00 


Elizabeth City and Norfolk Telegraph Co 

Louisburg Telegraph Co 


Chas. Guirken, Elizabeth City 

E. J. Cheatham, Franklinton 

G. F. Harper, Lenoir 

J. T. Harper, Southport 


2,200.00 
500.00 


Lenoir and Blowing Rock Telegraph Co _. 

Wilmington and Southport Telegraph Line 

Western Union Telegraph Co 


540.00 
500.00 


J. B. Tree, Richmond, Va 


850,000.00 










$904,140.00 



ASSESSMENT OF TELEGRAPH PROPERTY. 



97 



Atlantic Postal Telegraph Cable Company. 



STATEMENT 1—1902. 



Total valuation $50,000.00 

Miles of wire 2,046.82 

Value per mile 24.43 

Apportioned to counties as follows : 



Alamance 

Bladen 

Brunswick 

Cabarrus 

Caswell 

Columbus 

Cumberland __ 

Davidson 

Durham 

Forsyth 

Franklin 

Guilford 

Harnett 

Halifax 

Johnston 

Mecklenburg _ 
New Hanover 
Northampton 

Orange 

Richmond 

Robeson 

Rockingham _ 

Rowan 

Scotland 

Vance 

Wake 

Warren 

Total--. 



County. 



Miles 



Val ue 



of Wire. I Per Mile. 



29.00 

95.20 

27.80 

17.70 

14. 80 

17.00 

212. 08 

49.20 

87.30 

25.80 

97.20 

122.90 

147.00 

76.00 

7.00 

22.10 

4.00 

41.60 

34.40 

12.50 

108.24 

39.40 

54.30 

108.90 

162.40 

293.80 ! 

189.20 



$24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24. 43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 
24.43 



,046.82 |. 



Valuation. 



$708. 42 

2,325,57 

679. 10 

432. 38 

361.54 

415.28 

5,180.72 

1,201.86 

911.17 

630.24 

2,374.42 

3,002.22 

3,590.93 

1,856.53 

171.00 

539.86 

97.71 

1,016.22 

840.33 

305.35 

2, 644. 10 

962.47 

1,326.45 

2,660.22 

3,967.13 

7,176.98 

4,621.80 



50,000.00 



98 



N. C. CORPORATION COMMISSION. 



ATLANTIC POSTAL TELEGRAPH CABLE COMPANY— Continued. 



Burlington 

Charlotte 

Concord 

X>urham 

•li'ranklinton _. 
Kjrre'ensboro _.. 
Henderson — 

Littleton 

Mebane 

Raleigh 

Reidsville 

Salisbury 

Warrenton 

Winston 

Wilmington. 
Total- 



Towns. 



Miles 
of Wire. 


Value 
Per Mile. 


4.00 


$24.48 


6.94 


24.48 


8.70 


24.43 


2.90 


24.43 


15.75 


24.48 


6.00 


24.48 


14.35 


24.43 


10.00 


24.48 


12 00 


24.43 


1.40 


24.48 


22.65 


24.43 


3.00 


24.48 


3 70 


24.48 


6.40 


24 43 


2.50 


24.43 




24.43 



Valuation. 



$97.71 
169.53 
212.52 

70.84 
384.75 
146.57 
350.54 
244.28 
293.14 

34.20 
558.29 

78.28 

90.88 
156.34 

61.07 
150.00 



8,088.44 



STATEMENT J— Miscellaneous Telegraph Companies. 



Name of Company. 



Elizabeth City and Norfolk Telegraph Co . 

Valuation 

Miles of wire 



$2,200.00 
53.00 



$400.00 
18.50 



Total 

Carthage Telegraph Co 

Valuation 

Miles of wire 

Louisburg Telegraph Co 

Valuation 

Miles of wire 

Lenoir and Blowing Rock Telegraph Co 

Valuation $540.00 

Wilmington and Southport Telegraph Line 

Valuation $500. 00 



County. 



Chowan 

Perquimans. 
Pasquotank . 



Miles 

of 
Wire. 



4.00 
18.00 
20.00 



Camden ! 11.00 



Moore. 



Franklin 



$500. 00 
10.00 



Caldwell 

Watauga __. 
Brunswick 



53.00 
18.50 



10.00 



Value 
Per 
Mile. 



$41.51 
41.51 
41.51 
41.51 



Val- 
uation. 



$166.03 
747.17 
830.20 
456.60 



2,000.00 
400.00 



500.00 



490. 90 

49.10 

500.00 



I 



ASSESSMENT OF TELEGRAPH PROPERTY. 



99 



Telephone Companies, 



STA.TEMENT K. 



Name of Company. 



Name of Officer and Post-office 
Address. 



Value. 



Albemarle Telephone Co 

American Teleph'ne and Telegraph Co. of N. C. 

Ashboro Telephone Co 

Asheville Telephone Co 

Battleboro Telephone Co 

Boykins Conway Telephone Co 

Burke County Telephone Co 

Carolina Telephone and Telegraph Co 

Camden Telephone Co 

Carolina and Virginia Telephone Co 

Carthage Telephone Co 

Chapel Hill Telephone and Telegraph Co 

Charlotte Telephone Co 

Clinton and Dnnn Telephone Co 

Concoi'd Telephone Co 

Edenton Telephone Co 

Elizabeth City Telephone Co 

Forest City Telephone Co 

Foscue and Montezuma Telephone Co 

Gaston Telephone Co 

Gastonia Telephone Co 

Greensboro Telephone Exchange 

Hasty Telephone Co 

Henderson Telephone Co 

Hertford County Telephone Co 

Jackson and Rich Square Telephone Co 

Kenansville Telephone Co 

Lattlmore Telephone Co 

Lumberton Telephone Co 

Madison Telephone Co 



J. M. Morrow, Albemarle, N. C 



Albert B. Chandler, New York 

A. B. Andrews, Jr., Raleigh, N. C. 

E. L. Moffitt, Ashboro, N. C 



H. P. Proctor, Asheville, N. C. 
W. S. Proctor, Asheville, N . C. 



H. B. Marriott, Battleboro, N. C 



J. W. Hoggard, Swan, N. C 

J. B.Stephensijn, Severn, N.C- 



Geo. I. White, Marion, N. C 

Geo. R. Holderness, Tarboro, N. C 

H. T. Greenleaf, Elizabeth City, N. C 

J. P. Taylor, Henderson, N. C 

D. A. McDonald, Carthage, N. C 

J. W. Gore, Chapel Hill, N. C 



James B. Curtis, New York 

James Q. Taylor, Charlotte, N. C - 



L. J. Best, Dunn, N. C 

W. C. Houston, Concord, N. C 

E. R. Conger, Edenton, N. C 

H. T. Greenleaf, Elizabeth City^ N. C. 

Ed. Thompson, Cliffdale, N. C 

E. J. Coffey, Kelsey, N. C 

R. H. Adams, Davidson, N. C 

W. T. Love, Gastonia, N. C 

T. J . McAdoo, Greensboro, N. C 

William Jones, Hasty, N. C 

J. P. Taylor, Henderson, N. C 

S. S . Daniel, Winton, N. C 

P. T. Hicks, Lasker, N. C 

W. M. Shaw, Kenansville, N. C 

S. S. Royster, Mooresboro, N. C 

A. W. McLean, Lumberton, N. C 

Thos. S. Rollins, Marshall, N. C 



12,000.00 

50,000.00 

1,2.50.00 

25,000.00 

800.00 

300.00 

2,250.00 
43, 600. 00 

1,500.00 

23,417.00 

315.00 

2,250.00 

3, .500. 00 

1,620.00 

3, 000. 00 

2,100.00 

7,500.00 

1,625.00 

142.00 

3, .500. 00 

8,500.00 

12, ,500. 00 

12,5.00 

.55, 000. 00 

475.00 

185.00 

157.50 

1,000.00 

3,000.00 

1,000.00 



J 00 



N. C. CORPORATION COMMISSION. 



TELEPHONE PROPERTY— Continued. 



Name of Company. 



Marion Telephone Co 

Mebane-Ridgeville Telephone Co 

Mocksville Telephone Co 

Monroe Telephone Co 

Moore Telephone Co 

Mooresville Telephone Co 

Morehead City Telephone Co 

Mutual Telephone Co 

Pamlico and Beaufort Telephone Co 

Pittsboro Telegraph and Telephone Co 

Raleigh Telephone Co 

Reidsville Telephone and Telegraph Co 

Rutherfordton Telephone Co 

Salisbury Telephone Co 

Snow Hill and Farmville Telephone Co 

Southern Bell Telephone and Telegraph Co— 

Statesville Telephone Co 

Stribbling, Wm. J., Telephone Co 

The Interstate Telephone and Telegraph Co— 

Taylorsville Telephone Co 

Thomas ville Telephone Co 

Tyrrell County Telephone Co 

Wadesboro Telephone Co 

Washington County Telephone Co 

Washington and Hyde County Telephone Co. 

Waynesville Telephone Co 

Wilkin Electric Co 

Williamston Telephone Co 

Total 



Name of Officer and Post-offie 
Address. 



R. S. Finley, Marion, N. C 

D. E. Wilkinson, Ridgeville, N. C 

Lewis G. Horn, Mocksville, N. C 

R. A. Morrow, Monroe, N. C 

Jas. C. Moore, Globe, N. C 

C. V. Vails, Mooresville, N. C 

Chas. L.Wallace, Morehead City, N.C. 
W. A. Lemly, Winston-Salem, N.C — 

J. F. Cowell, Bay boro, N. C 

W.L. London, Pittsboro, N.C 

W. N. Jones, Raleigh, N. C 

C. N. Evans, Reidsville, N. C 

John C. Mills, Rutherfordton, N. C—. 

W.F. Snider, Sahsbury, N.C 

B.W.Edwards, Snow Hill, N.C 



Value. 



Edward J.Hall, Morristown, N.J __1 
Henry Smith, Raleigh, N.C / 



F.M.Brown, Statesville, N.C 

Wm. J. Stribbling, Walhalla, S. C 

L. A. Carr, Durham, N. C 

E. W. Moose, Taylorsville, N. C 

J. A. Green, Thomasville, N. C 

D. O. Newberry, Columbia, N. C 

W. P. Parsons, Wadesboro, N. C 

D. O. Newberry .Columbia, N. C 

H. R. Way, Haslin, N. C 

W. H. Cole, Waynesville, N.C 

H. W. Horton, N. Wilkesboro, N . C— _ 
W. C. Manning, Williamston, N. C 



$2,000.00 

650.00 
1, 434.00 
2,100.00 

600. 00 
4,2.50.00 

800.00 
1,250.00 
1,450.00 

250.00 
10,000.00 
3,500.00 
2,500.00 
13,500.00 

200.00 

38,234.00' 

4,000.00 

400.00 
30,000.00 

600.00 
1,755.00 

400.00 
2,300.00 

450.00 
1,250.00 
2,000.00 
2,500.00 
3,000.00 



388,984.50 



ASSESSMENT OF TELEPHONE PROPERTY. 



101 



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102 



N. C. CORPORATION COMMISSION. 



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ASSESSMENT OF TELEPHONE PROPERTY. 



103 



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N. C. CORPORATION COMMISSION. 







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ASSESSMENT OF TELEPHONE PROPERTY. 



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ASSESSMENT OF TELEPHONE PROPERTY. 



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108 



N. C. CORPORATION COMMISSION. 



Bridge, Canal and Steannboat Companies, 



STATEMENT M. 



Name of Company or Steamer. 



Albemarle Steam Navigation Co 

Braddus-Ives Lumber Co 

Black River Lumber Co 

Cape Fear River Transportation Co 

Charles M. Whitlock 

Crcesus 

Cape Fear Towing and Transportation Co 

F. and F 

Fairfield and Elizabeth City Transportation Co. 

Independent Steamboat Line Co 

Lillian Annie 

Goldsboro Navigation Co 

Diamond Steamboat and Wrecking Co 

Moccasin River Steamboat Co 

Merchants and Farmers Steamboat Co 

New Bern and Snow Hill Steamboat Line Co_. 
Old Dominion Steamship Co 



Perquimans River Line Co 

Roanoke and Tar River Steamboat Co. 

Steamer Buck 

Imperial 

Carolina 

Tar River Oil Co 

Vanceboro Steamboat Co 

Branning Manufacturing Co 

Lake Drummond Canal Co 

Piedmont Toll Bridge Co 

Fairfield Canal and Turnpike Co 

Brunswick Bridge and Ferry Co 

Albemarle and Chesapeake Canal Co_- 
Total 



Name of OflEicer or Owner and 
Post-ofllce Address. 



J. A. Pretlow, Frankhn, Va i 

Charles L. Ives, New Bern 

W. L. Cook, Fayetteville 

.—do 

Ellis Sherman, Wilmington 

T. H. Hawkins, Wilmington 

William St, George, Southport 

Walter Taft, Wilmington 

F. F. Spencer, Fairfield 

J. J. Lasslter, New Bern 

A. E K. Marine, Marines 

Thos. H. Holmes, Sec, Goldsboro- 

E. D. Williams, Wilmington 

L. A. Cobb, Grifton 

T. L. Love, Wilmington 

M. B. Smith, New Bern 



W. L. Guillander, New York, 81 
Broad Street (under protest). 



W. G. Gaither, Hertford 

John D. Biggs, Williamston 

W. H. Ward, Wilmington 

Charles Wessel, Wilmington 

A. J. Gatlin, Vanceboro 

E. V. Zoeller, Tarboro 

J. B. Harvey, Vanceboro 

Horton Corwin, Edenton 

W. B. Brooks, Jr., Baltimore, Md. 

D. A. Julian, Salisbury 

S. B. Sadler, Fairfield 

W. A. McGowan, Wilmington 

D.S. Burwell, Norfolk 



Assessed 
Value. 



$8,100.00 

800.00 

1,250.00 

2,200.00 

1,000.00 

300.00 

23,500.00 

700.00 

1,500.00 

2,200.00 

1,000.00 

1,600.00 

3,000.00 

• 1,700.00 

7,000.00 

.2,400.00 

56,500.00 

2,500.00 

12,800.00 

1,000.00 

600.00 

850.00 

4,5-50.00 

950.00 

7,000.00 

16,000.00 

* 8, 000. 00 

7, 6.50. 00 

6,300.00 

75,000.00 



249,950.00 



* No apportionment to county. 



BRIDGE, CANAL AND STEAMBOAT PROPERTY. 



109 



BRIDGE, CANAL AND STEAMBOAT COMPANIES— Continued. 




Name of Company. 


Value. 


County. 


Appor- 
tionment, 
to 
County. 




$8,100.00 


Bertie 


$2,025.00 






Chowan 


2,025,00 






Gates 


2,025.00 






Hertford 


2,025.00 




75, 000. 00 




75, 000. 00 


Braddus-Ives Lumber Co_ 


800.00 


Craven . _ 


800.00 


Black River Packet Co_ 


1,250.00 


Cumberland 


1.250.00 




7, 000. 00 




7, (100. 00 


Brunswick Bridge and Ferry Co 


6, 300. 00 


Brunswick _.. 


6, 300. 00 


Cape Fear River Transportation Co 


2,200.00 


Cumberland 


2,200.00 


Cape Fear Towing and Transportation Co 


23,500.00 


Brunswick 


23, 500. 00 


Charles M. Whitlock— Ellis Sherman, owner 


1,000.00 


Pender 

1 


1,000.00 


Croesus — T. H. Hawkins, owner 


300.00 
3,000.00 


New Hanover 

New Hanover 


300. 00 


Diamond Steamboat and Wrecking Co 


3,000.00 


Fairfield and Elizabeth City Transportation Co 


1,5(0.00 


Hyde 


1,500.00 


Fairfield Canal and Turnpike Co . 


7, 650. 00 


Hyde 


7,(350.00 


F and F— Walter Taft, owner 


700.00 


New Hanover 


700.00 


Independent Steamboat Co 


2,200.00 
1,000.00 


Craven. 


■ 2, 200. 00 


Lillian Annie— A. E. K, Marine, owner 


Onslow 


1,000.00 




7,000.00 

1,700.00 

2,400.00 

5(i,.500.00 




7, 000. 00 


Moccasin River Steamboat Co 


Pitt 

Craven__ 


1,700.00 


New Bern and Snow Hill Steamboat Line Co 


2,400 00 


Old Dominion Steamship Co 


Dare 


(),l(j().(iH 






Hyde 


7,l(i6.6S 






Pamlico 


3, 9()G. m 






Craven 


7, 1(16. m 






Beaufort 


22,450.00 






Pitt 


3, 250. 00 






Edgecombe 


2,000.00 






Pasquotank 


2, l(j(). m 






Camden 


2, 1(36. 66 


Perquimans River Line Co 


2, 500. 00 


Perquimans 

Martin.. 


2,500.00 

12, 800. 00 

1 000 00 


Roanoke and Tar River Steamboat Co 


12,500.00 

1,000.00 

600.00 


Steamer Buck— W. H. Ward, owner 


Pender 


Steamer Imperial— Charles Wessel, owner 


New Hanover ___ 


(iOO. 00 


Tar River Oil Co . _ 


4,550.00 


Edgecombe 

Craven 


4,5.50.00 
950. 00 


Vanceboro Steamboat Co — 


950.00 



110 N. C. CORPORATION COMMISSION. 

BR[D(JE, CANAL AND STEAMBOAT COMPANIES— Continued. 



Name of Company. 


Value. 


County. 


Appor- 
tionment 

to 
County. 


Lake Drummond Canal Co _ _ _ 


$16,000.00 

850.00 
1,600.00 


Camden 


$8,000.00 

8,000.00 

850.00 


Steamer Carolina- _ 


Pasquotank _ 
Craven _ 


Goldsboro Steam Navigation Co 


Wayne 


1,600.00 






Total 


249,950.00 


249,950.00 







STREET RAILWAY, GAS AND ELECTRIC LIGHT PROPERTY. Ill 



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112 



N. C. CORPORATION COMMISSION. 



'^ '^ P 



8 8 8 
8 B 8 






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8 8 






8 8 



8 8 8 



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STREET RAILWAY, GAS AND ELECTRIC LIGHT PROPERTY. 113 



STREET RAILWAY, GAS AND ELECTRIC LIGHT COMPANIES— Continued 
Apportionment to counties. 



Name of Company. 


County. 


Valuation 
to County. 


Asheville Electric Co 


Buncombe 


$2, 243. 00 


Asheville Street Railroad Company. _ 


Buncombe 


It), 000. 00 


Charlotte Consolidated Construction Co.. _ _ 


Mecklenburg 

New Hanover 


150,810.00 


Consolidated Railways, Light and Power Co 


184, 425. 00 




Guilford . 


02,500.00 


Pinehurst Railroad Co ._ 


Moore_ 


4, 540. 00 






40, 294. 00 








Total - - _ - 


460,312.00 




Robeson 


Carolina Electric Co 


1,000.00 
(i 900.00 


Greensboro Gas and Electric Light Co 


Guilford 


Henderson Lighting and Power Co 


Vance 


2 500.00 


Salisbury Gas and Electric Light Co 

Standard Gas and Electric Co. of Raleigh . 


Rowan 


11 000.00 


Wake . 


24,620.00 


Winston-Salem Gas and Lighting ( 'o_ _. 


Forsyth. 


10,000.00 








Total _ _. 


56,020.00 









114 



N. C. CORPORATION COMMISSION. 



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ATLANTIC COAST LINE RAILROAD COMPANY. 



115 



COMPILATION PROM RAILROAD RETURNS FOR THE YEAR ENDING JUNE 30, 1902. 



Atlantic Coast Line F^allroad Connpany. 



OFFICERS. 



Title. 



President 

First Vice-President 

Second Vice-President 

Third Vice-President 

Secretary 

Treasurer 

Acting General Auditor 

Assistant Auditor 

Assistant Auditor 

Oeneral Manager 

Engineer of Roadway 

General Superintendent 

General Superintendent 

Superintendent 

Superintendent 

Superintendent Motive Power. 

Purchasing Agent 

Superintendent of Trains 

Traffic Manager 

General Freight Agent 

General Passenger Agent 



Name. 



A. G. Elliott 

H. Walters 

Alexander Jiamilton. 

C. S. Gadsden 

James F. Post 

do 

Geo. S. LeGrand 

Spencer LeGrand 

R A.Williams 

J.R. Kenly 

E. B. Pleasants 

J. P. Divine 

G.M. Serpen 

M. Riddle, Jr 

W. N. Royall 

J. S. Chambers 

F. H. Fechtig 

E. Borden 

F. M, Emerson 

H. M. Emerson 

do 



Location of OfRce. 



Wilmington, N. C. 
Wilmington, N. C. 
Petersburg, Va. 
Charleston, S.C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Norfolk, Va. 
Richmond, Va. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Richmond, Va. 
Charleston, S. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 



DIRECTORS. 

Michael Jenlcins, Baltimore, Md.; Waldo Newcomer, Baltimore, Md.; H. Walters, Balti- 
more, Md.; F. W. Scott, Richmond, Va.; D. W. Lassiter, Petersburg, Va.; Geo. Howard, Tarboro 
N. C; E. B. Borden, Goldsboro, N. C; W. G. Elliott, Wilmington, N. C; Don MacRae, Wilming- 
ton, N. C; H. B. Short, Lake Waccamaw, N. C; J. W. Norwood, Greenville, S. C; J. J. Lucas, 
Society Hill, S. C. Terms expire third Monday in November. 



116 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED— State of North Carolina. 



Name. 


Terminals. 


Miles of 

Line for 

each Road 

Named. 


Miles of 

Line for 

each Class 




From— 


To- 


of Roads 
Named. 


Atlantic Coast Line Railroad 


Richmond ^— 

Weldon 


S. and R. Jet 


7.03 
.37.90 
134.70 
80.49 
116.40 
105.00 
67.51 




Railroad Co.— Main Line. 


So. Rocky Mount 

Florence 






So. Mocky Mount- 
Norfollc 






So. Rocky Mount 

San ford „ 






Wilmington Jet _. 
Wilmington Jet __ 
Wilmington Jet -_ 
Tarboro 






Contentiiea . 






Pee Dee 








549 03 




53.89 
85.82 
25.39 
19.20 

13. 43 
21.50 
90.32 

34. 44 
46 38 
13.90 

.37 






Pender 








Parmele 

Rocky Mount 

Warsaw 


Washington. 






Spring Hope 






Clinton 

Smithfield 






Goldsboi'o 






Wilmington 

Parkton 

Elrod 

Florence 

Darlington 


NewBern 

Bennettsville 


















Gibson 






Mills, etc . . 


404. 64 
26.96 






Wilmington Street Railway- 
Seaboard Air liine Railway- 


Wilmington 

S. and R. Jet 


Dummy Line (lease) — 
Weldon (rental) 




1.25 
2.39 










984.27 



PROPERTY OPERATED— Entire Line. 



Atlantic Coast Line Railroad 
Co— Main Line. 



Brancli lines. 



Richmond 

Weldon 

So. Rocky Mount. 

Florence _ — 

Florence 

Sumter 

Norfolk 

Wilmington .Jet _. 
Wilmington Jet _. 
Wilmington .Jet — 

Clopton 

Dunlop 

Bruce 



S, andR. Jet 


80.29 


So. Rocky Mount 


37. 90 


Florence, S. C 


172. 15 
101.70 
137 50 


Charleston . 


Robbing 


Columbia — _ 


42.70 


So. Rocky Mount 


114.87 


Sanford _ 


116.40 


Contentnea. _ 


105 00 


Pee Dee 


97.18 




James River 


4 55 


Acree 


6.51 


Pig Point 


6.53 



ATLANTIC COAST LINE RAILROAD COMPANY. 



117 



PROPERTY OPERATED— Entire Line— Continued. 



i' 



Name. 


Terminals. 


Miles of 

Line for 

each Road 

Named. 


Miles of 
Line for 
each Class 




From— 


To- 


of Roads 
Named. 


Rranohi linps (Tlon "> 


Drivers 


Bennett's Pasture 

S. and R. R. R 

Plymouth 


1.55 
L13 
53.89 
85.82 
25.39 
19.20 
13.43 
21.50 
90.32 
34. 44 
71.38 
19.78 
64.52 
10.00 
36.64 
40.80 
6.16 
37.64 
16.48 






Armstead 














Kinston 








Washington 




' 


Rocky Mount 


Spring Hope __ 






Clinton 






Goldsboro Jet 

Wilmington Jet - 
Parkton 


Smithfleld 












S. C. State Line 

Conway 






Elrod 






Latta 


Clio 






Florence 


Wadesboro 






Floyds 


Hartsville 






Darlington 

Creston 


Gibson 






Pregnalls 






Eautawville 


Ferguson 






Darlington _ __ 






Elliots 


Lucknow 






S])urs 


Factories, etc 


667 67 




10.50 
40.20 

1.25 

2.37 


46.77 


Atlantic Coast Line Railroad 
Co — leased lines- 
South Carolina Pacific Rail- 


N. C. State Line- 


Bennettsville 




way Co, 

Central Railroad Company 
of South Carolina. 

Wilmington Street Railway 






Wilmington 

Spurs 


Dummy Line 




Mills, etc 




Trackage rights— 


S. and R. Jet 

Robbins 


Weldon 


54 32 


2.39 

28.80 




C. and W. C. Railway Co__ 










31 19 








Total 


1,805.64 











118 



N. C. CORPORATION COMMISSION. 



FUNDED DEBT. 

MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 





Time. 


Amount 

of 

Authorized 

Issue. 


Amount 
Issued. 


Amount 

Out- 
standing. 


Cash 


Class of Bond or Obligatio^. 


06 




Realized on 

Amount 

Issued. 


R. & P., first mortgage 




1915 
1915 
1940 
1926 
1926 
1939 
1946 
1935 
1935 
1944 
1944 
1949 
1948 
1933 
1910 
1943 
1938 


$50,000 

350,000 

1,000,000 

1,000,000 

1,000,000 

1,500,000 

500,000 

3,062,000 

938,000 

500,000 

500,000 

1,800,000 

8,000,000 

694,000 

1,600,000 

1,108,000 

400,000 


$50,000 

350,000 

300,000 

868,000 

800,000 

1,320,000 

400,000 

3,062,000 

938,000 

500,000 

500,000 

1,800,000 

5,500,000 

694,000 

1,600,000 

1,108,000 

366,000 


$24,500 
316,000 
300,000 
868,000 
800,000 

1,320,000 
400,000 

3,062,000 
938,000 
500,000 
500,000 

1,800,000 

5,547,000 
657,000 

1,600,000 
9,000 
5,000 


$46,130.76 

276,495.24 

288,926.38 

868,000.00 

800,000.00 

1,320,000.00 

360,000.00 

3,062,000.00 

938,000.00 

500,000.00 

500,000.00 

1,800,000.00 

5,500,000.00 

694,000.00 

1,600,000.00 

1,108,000.00 

366,000.00 


R. & P., first mortgage 


1875 
1890 
1881 
1881 
1889 
1896 
1885 
1897 
1897 
1897 
1899 
1898 
1883 
1879 
1893 
1888 


R. & P., consolidated mortgage.. 

Petg., Class "A," mortgage 

Petg., Class "B," mortgage 

N. & C, first gold mortgage 

N. & C, second gold mortgage... 
W. & W., general first mortgage. 
W. & W., general first mortgage. 

A. &. R. R. R., first mortgage 

W. & N. B,, first mortgage 

Yadkin Division, mortgage 

A. & L. of S. C, general mortgage 

N. E. R. R., first mortgage 

W. C. & A., first mortgage 

M. & A., first mortgage 


C. tfe D., first mnrtgHgf 




Total 


24,002,000 


20,156,000 


18,646,500 


20,027,552.38 




1887 
1888 


1938 


Certificates of 

Indebtedness— 

W. & W. R. R 


2,500,000 

380,000 

3,000,000 


2,500,000 

380,000 

3,000,000 


2,500,000 

380,000 

3,000,000 




W. & W. R. R.— special trust. 




A. C. L. R. R 












Total 


5,880,000 


5,880,000 


5,880,000 












Total mortgage bonds 


24,002,000 
5,880,000 


20,156,000 
5,880,000 


18,646,500 
5,880,000 




Total miscellaneous obliga- 
















Grand total 


29,882,000 


26,036,000 


24,526,500 


20, 027, 552. 38 













CAPITAL STOCK. 








Description. 


Number 

of Shares 

Authorized. 


Par 

Value of 
Shares. 


Total Par 

Value 

Authorized. 


Total 

Amount 

Issued and 

Out- 
standing. 


Dividends Declared 
During Year. 




Rate. 


Amount. 


Capital stock— Common 








$23,150,000 
18,850,000 


1^2-2 
5 


$556,157.00 


Preferred 








942,500.00 












Total 


1,000,000 


$100.00 


$100,000,000 


42,000,000 





1,498,657.00 







ATLANTIC COAST LINE RAILROAD COMPANY. 



119 



FUNDED DEBT— Continued. 
MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 



Class of Bond or Obligation. 



R. & P., first mortgage 

R. & P., first mortgage 

R. & P., consolidated mortgage 

Petg., Class "A," mortgage 

Petg., Class "B," mortgage 

N. & C , first gold mortgage 

N. & C, second gold mortgage 

W. & W., general first mortgage— 
W. <fe W., general first mortgage... 

A. & R. R. R., first mortgage 

W & N. B., first mortgage 

Yadkin Division, mortgage 

A. & L. of S. C, general mortgage. 

N. E. R. R., first mortgage 

W. C. & A., first mortgage 

M. & A., first mortgage 

C. & D., first mortgage 

Total 



Certificates of Indebtedness- 

W. & W. R. R 

W. & W. R. R.— special trust.... 

A. C. L. R. R 

Total 



Total mortgage bonds 

Total miscellaneous obligations. 
Grand total 



Interest. 



Rate. 



43^ 

5 

6 

5 

5 

5 

4 

4 

4 

4 

4 

6 

« 

5 
5 



When Payable. 



May and Nov . 
May and Nov. 
April and Oct. 
Jan. and July . 
April and Oct. 
April and Oct. 
Jan. and July. 
Jan. and July . 
Jan. and July . 
Jan. and July . 
Feb. and Aug. 
June and Dec . 
Jan. and July . 
Jan. and July . 
June and Dec . 
Jan. and July . 
April and Oct. 



April and Oct. 
April and Oct. 
Jan. and July . 



Amount 

Accrued 

During 

Year. 



$1, 715. 00 
18,960.00 
13,500.00 
43,400.00 
48,000.00 
66,000.00 
20,000.00 

158, 100. 00 
37,520.00 
20,000.00 
20,000.00 
72,000.00 

221,880.00 

39,420.00 

96,000.00 

450.00 

250,00 



872,195.00 



175,000.00 
22,800.00 
120,000.00 



317,800.00 



872,195.00 
317,800.00 



1,189,995.00 



Amount 

Paid 

During 

Year. 



$1,715.00 
18,960.00 
13, 500. 00 
43, 400. 00 
48,000.00 
66,000.00 
20,000.00 

153, 100. 00 
37, 520. 00 
20,000.00 
20, 000. 00 
72,000.00 

221,880.00 

39,420.00 

96,000.00 

450.00 

250.00 



872,195.00 



175, 000. 00 
22,800.00 
120, 000. 00 



317,800.00 



872,195.00 
317,800.00 



1,189,995.00 



RECAPITULATION OP FUNDED DEBT. 
A. FOR MILEAGE OWNED. 





Amount 
Issued. 


Amount 
Outstanding. 


Interest. 


Class of Debt. 


Amount 

Accrued 

During 

Year. 


Amount 

Paid 

During 

Year. 


Mortgage Bonds . 


$24,002,000.00 
5,880,000.00 


$18,646,500.00 
5,880,000.00 


$872,195.00 
317,800.00 


$872,195.00 
317,800.00 


Miscellaneous obligations _ 




Total 


29,882,000.00 


24,526,500.00 


1,189,995.00 


1,189,995.00 





120 



N. C. CORPORATION COMMISSION. 



CURRENT ASSETS AND LIABILITIES. 

ASSETS. I 

Cash 1 $250,098.89 

Bills receivable 28,000.00 

Due from agents \ 190,522.66 

Due from solvent companies and individuals 3,875,378.50 

Cash deposited to pay coupons and dividends 309,951.56 

Total— cash and current assets \ 4,653,951.61 

CURRENT IjIABILITIES. i 

i 

Loans and bills payable i 136,360.00 

Audited vouchers and accounts 28,613.96 

Wages and salaries ' 214,948.64 

Net traffic balances due to other companies J 1,689,459.89 

Dividends not called for ' 323,990.75 

Matured interest coupons unpaid 327,886.00 

Total— current liabilil ies t 2, 721, 259. 24 

■ Balance— cash assets 1,932,692.37 

Total - I 4,653,951.61 



RECAPITULATION. 

A. FOR MILEAGE OWNED. 



Account. 


Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Miles. 


Amount. 


Capital stock . _ 


$42,000,000.00 
24,526,500.00 


$42,000,000.00 
24,526,500.00 


1,720.13 
1,720.13 


$24,417 


Bonds 


14,258 






Total 


66,526,500.00 


66,526,500.00 


1,720 13 


38,675 





B. FOR MILEAGE OPERATED. 






Name of Road. 


Capital 
Stock. 


Funded 
Debt. 


Total. 


Amount Per Mile of Line. 


Miles. 


Amount. 


Atlantic Coast Line R- 
R. Co .__ _. 


$42,000,000.00 
170,000.00 

100,000.00 


$24,526,500.00 
300,000.00 

104,600.00 


$66,526,500.00 
470,000.00 

204,600.00 


1,720.13 
4L96 

11.11 


38. 675 


Central of S. C 


11.201 


South Carolina Pacific 
Railway 


18,416 






Grand total 


42,270,000.00 


24,931,100.00 


67,201,100.00 


1,773.20 


36,206 



ATLANTIC COAST LINE RAILROAD COMPANY. 



121 



COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 
During Year 

Charged to 
Construction 

or Equip- 
ment. 


Total Cost to 
June 80, 1901. 


Total Cost to 
June 30, 1902. 


Cost Per 
Mile. 


Construction— 




8880,200.80 

3,709,672.79 

1,211,276.05 

16, 681, 173. 80 


^880,200.80 

3,710,092.64 

1,221,330.29 

16,681,173.80 

7,259,800.00 

6,773,764.27 

2,121,250.00 

8,749,435.72 

1,232,275.00 

351,000.00 

2,214,800.00 

802,400.00 

203. .500. 00 




Right-of-way and station grounds— 
Real estate _ — - 


8419.85 
10,054.24 


■ '■ 

■ 


Orn dins' 




Property acquired from S. N. and 
W. Railway Co _ . — 


7,259,800.00 










6,773,764.27 

2,121,250.00 

8,749,485.72 

1,232,275.00 

351,000.00 

2,214,800.00 

802,400.00 

203,500.00 




Ties 






Rails 




* 


Track fastenings. _ 












Ballast 






Track laying and surfacing 












Crossings, cattle guards, and signs. 

Station buildings and fixtures 

Shops, roundhouses, and turntables 




55,000.00 5-5,000.00 

1,825,745.91 | 1,826,682.38 

1,718,300.77 ! 1,718,300.77 

302,000.00 302,000.00 

254,000.00 254,000.00 

110,000.00 \ 110,000.00 

66,000.00 ' 66,000.00 

619,478.73 : 619,478.73 

99,000.00 i 99.000.00 




936.47 










Water stations. 




•■ 


Fuel stations.- .. 












Docks and wharves .. 






Electric-light plants. .. . 






Miscellaneous structures . 


19,282.45 


3,626,295.58 
220,000.00 
198,000.00 
815,056.71 


3,645,578.03 
220,000.00 
198,000.00 
815,056.71 




Legal expenses 




Interest and discount ... 






General expenses 












Total construction 


7,290,493.01 


54,839,676.13 62,130,169.14 


S36,119.46 




Equipment— 
Locomotives 




1,728,000.00 1,728,000.00 




Passenger cars . 




440,000.00 1 440 000.00 




Baggage, express, and postal cars.. 




126,000.00 

132,000.00 

2,293,9,50.00 

139,200.00 


126,000.00 

132,000.00 

2,293,950.00 

139,200.00 




Combination cars ... 






Freight cars . 






Other cars of all classes 














Total equipment __ 




4,859,150.00 
54,839,676.13 


4,859,150.00 
62,130,169.14 


2,824.87 


Total construction 




36, 119. 46 








Grand total cost construction, 
equipment, etc .. 




59,698,826.13 


66,989,319.14 


38, 944. 3:{ 









122 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 



Gross earnings from operation _ _ 


$8,549,526.14 
4,738,987.30 




Less operating expenses _ 












$3,810,538.84 


Dividends on stocks owned 


70.00 
20,720.00 
40,835.75 


Interest on bonds owned _ 
















61,625.75 








Total income- 


3,872.164.59 




1,189,995.00 

8,181.60 

37,276.00 

360,000.00 


Deductions from Income— 

Interest on funded debt accrued 




Interest on interest-bearing current liabilities accrued, not oth- 
erwise provided for _. _ 




Rents paid for lease of road 




Taxes _ 








Total deductions from income. 




1,595,452.60 










2,270,711.99 


Dividends, \y^ and 2 per cent, common stock 


556,157.00 
942,500.00 


Dividends, 5 per cent, preferred stock- . . 








Total-.. - - _ — 




1,498,657.00 


Surplus from operations of year ending June 30, 1902 




778, 054. 99 


Surplus on June 30, 1901, [for entry on " General Balance Sheet," 
1901 Report.] . _. .__ 




2,357,169.31 






Deductions for year _ - - _ _ . 


3,135,224.30 
4,295.05 








Surplus on June 30, 1902, [for entry on " General Balance Sheet "]- 


3,130,929.25 





BONDS OWNED. 
A. RAILWAY BONDS. 



Name. 


Toial 
Par Value. 


Rate. 


Income 
or Interest 
Received. 


Valuation. 


A. C. L. of South Carolina, deposited with Farm- 
ers Loan and Trust Co. , account Georgia R. R. 
lease, now the obligations of this company, as- 
sumed in consideration 


$500,000.00 


4 


$20,000.00 


$500,000.00 


Total __ 


500,000.00 




20,000.00 i 500 000.00 









B. OTHER BONDS. 








Name. 


Total 
Par Value. 


Rate. 


Income 
or Interest 
Received. 


Valuation. 


S. C. State, deposited to secure Central of S. C. 
lease . 


$16,000.00 


^Yz 


$720.00 


16,000.00 




Total 


16,000.00 


720.00 


16,000.00 






Grand total — A and B 


516,000.00 


20,720.00 


516,000.00 







ATLANTIC COAST LINE RAILROAD COMPANY. 



123 



STOCKS 0,WNED. 
A. RAILWAY STOCKS. 



Name. 


Total Par 
Value. 


Valuation. 




$36,076.40 
11,832.00 
10,000.00 


S36,076.40 
11,832.00 


Carolina Railway Co _ 


Cola, Newberry and Laurens R. R _ -• 


10,000.00 






Total _ _ __ 


57,908.40 


57,908.40 







B. OTHER STOCKS. 



Name. 


Total 
Par Value. 


Income or 
Dividend 
Received. 


Valuation. 


Chesapeake S. S. Co 


$100,000.00 

13,330.00 

1,000.00 

39,779.34 

400.00 

7,000.00 




$100,000.00 


S. C. Interstate and West India Exposition 




13,330.00 


Richland Cotton Mills 


$70.00 


1,000.00 


Atlantic Land and Improvement Co 


39,779.34 


Retreat for the Sick _ 




400.00 


Atlantic Compress Co. _. 




7,000.00 









Total _ _. 


161,509.34 


70.00 


161,509.34 






Grand total— A and B 


219,417.74 


70.00 


219, 417. 74 







EARNINGS FROM OPERATIONS— State of North Carolina. 



Item. 



Passenger— 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Total passenger earnings 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operations— 

Switching charges— balance 

Telegraph companies 

Rents from tracks, yards, and terminals 

Other sources 

Total other earnings 

Total gross earnings from operation— North Carolina. 

Total gross earnings from operation— entire line 



Actual 
Earnings. 



$856, 157. 64 

156,340.44 

86,815.98 

9,674.47 



1,108,988.53 



3,107,548.32 



3,107,548.32 



4,216,536.85 



17, 244. 07 

7,199.78 
43,827.21 
109,580.81 



177, 851. 



4,394,388.72 
8,549,526.14 



124 



N. C. CORPORATION COMMISSION. 



RENTALS RECEIVED. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company 
Using Property Leased. 


Item. 


Total. 


Tracks 


Selma to Pinner's Point. 

Charleston to Ashley 

Junction. 
Western Branch 

Richmond to Belle Isle 
Junction. 


Southern Railway 

Plant System 


$69,799.80 

13,348.51 

1,000.49 

1,118.15 










Virginia Pass, and Pow- 
er Company. 
Southern Railway 




Total 




$85,266.95 












Grand total rents 


85,266.95 


received. 











MISCELLANEOUS INCOME. 





Item. 


Net 

Miscellaneous 

Income. 


Interest __ _ _ _ 


$19, 946. 73 


Rents, etc . _ _ _ . 


10,249.65 
8,000.00 
1,786.32 


Atlanta Belt Line, rental- 


Hotel receipts . 


Richmond connection _ _ 


853.05 








Total 


40,835.75 





RECAPITULATION OP OPERATING EXPENSES— Entire Line. 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings — entire line 

State of North Carolina— 

Maintenance of waj' and struptures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total - 

Percentage of expenses to earnings— North Carolina 



$1,276,824.39 

943,000.00 

2,313,352.09 

205,810.82 



4,738,987.30 



55.43 

659,927.97 
488,180.22 

1,192,369.52 
106,575.69 

2,447,053.40 



55.43 



ATLANTIC COAST LINE RAILROAD COMPANY. 



125 



RENTALS PAID. 

A. RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 



Central Railroad Company of South Carolina- 
South Carolina Pacific Railway Co 

Total rents 



Cash. 



$31,000.00 
6,276.00 



37,276.00 



Total. 



$31,000.00 
6. 276. 00 



37,276.00 



B. RENTS PAID FOR LEASE OF TRACKS, YARDS, AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company 

Owning Property 

Leased. 


Iiem. 


Total. 


Tracks and bridges — 


Garysburg to Weldon __ 

Robbins to Augusta 

Wilmington _ 


S. A. Line Railway 

C.and W. C. Rail way, __ 
Wilmington Street Ry. 


$6,101.42 

10,500.00 

3,000.00 

1,666.66 

618. 10 




\ . 








Columbia 


Columbia Union Sta .-_ 










Total 




$21, SS(). IS 


Yards 


Wilmington 


The Worth Co 


116.66 












Total 




116. 6ti 




Augusta 


C. and W. C. Railway- 


1,444.00 




Terminals 










Total 




1,444.(K) 












Grand total rents 


23, 44<i. 84 













COMPARATIVE GENERAL BALANCE SHEET. 



June 80, 1901. 


ASSETS 


Year Ending 


' June 30, l!t02. 


Total. 


Total 


Increase. 


$54,aS9,676.13 


Cost of road-- _ 




4,8,59,150.00 


Cost of equipment 


$66,989,319.14 


$7, 290, 493. 01 


211,415.81 

516,000.00 

3,427,738.52 


Stocks owned 


219, 417. 74 
516 000.00 


8,002.43 


Bonds owned 


Cash and current assets 


4,653,951.61 


1 ■>■>^^ -'13 09 


Grand total 




63, 85;^, 979. 96 


72, 378, 688. 49 


S 5-^4 708 53 




TAXABILITIES. 










34,740,200.00 

24,526,500 00 

2,230,110.65 

2,857,169.31 




4,200,000,00 

24,526,500.00 

2,721,259.24 




Funded debt - . _ - J _ . — _ 




Current liabilities _ _ — _ 




Profit and loss — 


29.25 






Grand total 




63,853,979.96 


72, 378, 688. 49 


S, 524, 70S. 53 



126 



N. C. CORPORATION COMMISSION. 



EMPLOYEES AND SALARIES— State of North Carolina, 



Class. 



General officers 

Other officers 

General office clerks 

Station agents 

Other station men 

Euginemen 

Firemen 

Conductors . 

Other trainmen 

-Vfachinists 

Carpenters 

Other shopmen 

Section Foremen 

Other trackmen 

Switchmen, flagmen, and watchmen 

Telegraph operators and dispatchers 

All other employees and laborers 

Total (including "General Officers.") N.C- 
Less "General Officers" 

Total (excluding "General Officers") N.C- 

DlSTRIBUTION OF ABOVE — 

General administration 

Maintenance of way and structures 

Maintenance of equipment ._ 

Conducting transportation 

Total (including " General Officers ") N. C_ 

Less " General Officers " 

Total (excluding "General Officers ") N. C— 

Total (including "General Officers" — en- 
tire line 



Number. 


Total 
Number 
of Days 
Worked. 


Total 
Yearly 
Compensa- 
tion. 


Average 
Daily 

Compen- 
sation. 


8 


2,920 


$39,536.80 


$13.54 


12 


4,380 


31,141.80 


7.11 


187 


50,005 


90,509.05 


1.81 


142 


51, 880 


69,519.20 


1.34 


416 


137,280 


144, 144. 00 


1.05 


96 


31,680 


133,056.00 


4.20 


94 


31,020 


42,806.60 


1.3S 


60 


19,800 


57,420.00 


2.90 


178 


58,740 


61,089 00 


1.04 


28 


8,736 


26,033.28 


2. 98 


32 


9,964 


21,123.68 


2.12 


374 


116,688 


147,026.88 


1.26 


106 


38,690 


55,326.70 


1.43 


,537 


167,544 


105,552.72 


. 63 


85 


28,050 


38,709.00 


1.3S 


59 


21,535 


40,0.55.10 


1. S6 


290 


90, 480 


66,965.20 


.74 


2,654 


869,392 


1,170,015.01 


1 34 


8 


2.920 


39,536.80 


13. 54 


2,646 


866,472 


1,130,478.21 


1.30 


.. 


57, 305 


161, 187. 65 


2.81 


933 


296,714 


227,844.62 


.76 


434 


135,388 


194, 183. 84 


1.43 


1,130 


379,985 


586,798.90 


1.54 


2,654 


869,392 


1,170.015.01 


1.34 


8 


2,920 


39,536.80 


13. 54 


2,646 


866, 472 


1,130,478.21 


1.30 


5,239 


1,715,854 


2,277,289.44 


1.33 



ATLANTIC COAST LINE RAILROAD COMPANY. 



127 



TRAFFIC AND MILEAGE STATISTICS- State of North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road. 

Average distance carried miles_. 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles_ 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

freight earnings per mile of road 

Totaij Traffic— 

Gross earnings frora^ operation 

Gross earnings from operation per mile of road 

Operating expenses 

Operating expenses per mile of road 

Income froin operation 

Income from operation per mile of road 

Car Mileage, etc— 
Average mileage operated during year 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 
Number 
Cars, etc. 



921,905 
89,959,081 
40,597 
43. 84 



2, 178, 680 
225,751,974 
229,868 
108. 62 



984. 27 



Columns for Revenue 
and Rates. 



Dollars . 



$856, 157 



1,108,988 
1, 126 



107,548 

I 



8,107,548 
3, 147 

4,894,888 

4, 451 

2,447,058 

2,486 

1,947,385 

1,978 



Cents 



TRAFFIC AND MILEAGE STATISTICS— Entire Line. 



Mills. 



82 ! 

42! 
01 1 
32 ' 



62 




72 




05 




40 




16 




32 





46 





Passenger Traffic— 










Number of passengers carried earning revenue 


1,699,542 










82, 179, 619 
45, 518 








Number of passengers carried one mile per mile of road- 








Average distance carried _ . ___ miles _ 


48. 85 








Total passenger revenue ___ . __. _ _ 




1,758,812 

1 


67 




Average amount received from each passenger 




03 


193 


Average receipts per passenger per mile 






02 


134 



128 



N. C CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— Entire Line— Continued. 



Item. 



Passenger Traffic— Continued. 
Total passenger earnings 

Passenger earnings per mile of I'oad 

Passenger earnings per train mile 

Freight Traffic— 
Number of tons carried of freight earning revenue- 
Number of tons carried one mile 

Number of tons carried one mile per mile of road _.. 

Average distance haul of one ton mil 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total, Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, etc— 

Mileage of passenger cars 

Average number of passenger cars per train mile.-- 

Average number of passengers per train mile 

Mileage of loaded freight cars— North or East 

Mileage of loaded fi*eight cars- South or West 

Mileage of empty freight cars— North or East 

Mileage of empty freight cars— South or West 

Average number of freight cars per train mile 

Average number of loaded cars per train mile 

Average number of empty cars per train mile 

Average number of tons of freight per train mile 

Average number of tons of freight per loaded car — 
Average mileage operated during the year 



3,147,45:3 
484,696,989 
240,744 
188. 11 



Column for : 
Number ' 

Passengers, 
Tonnage, 

Car Mileage, \ 
Number i 
Cars, etc. \ 



11,222,700 

4.67 
84 
25,751,175 
16,848,238 
5,981,578 
14, 872, 364 

24. 16 

16 22 

7.94 

165.50 

10.20 

1,805.04 



Columns for Revenue 
and Rates. 



Dollars. Cents Mills. 

2,233,698 14 ' 

1,237 i 07 ! 



5,978,109 



5, 978, 109 

3,810 

2 

8,549,526 
4,784 

1 

4, 738, 987 

2,624 



3,810,538 
2.110 



92 



21 

89 
01 I 

21 i 

80 I 
27 I 



978 



90 





77 


370 


30 




55 




98 


316 


84 




85 






ATLANTIC COAST LINE RAILROAD COMPANY. 



129 



FREIGHT TRAFFIC MOVEMENT- State of Nortli Carolina. 
COMPANY'S MATERIAL EXCLUDED. 



Commodity. 



Freight 

Originating 

on this 

Road. 


Freight 

Received 

from 

Connecting 

Roads and 

Other 
Carriers. 


Total 
Freight Tonnage. 


Whole Tons. 


Whole Tons. 


Whole Tons. 


Per Cent. 


18,826 


55,2.53 


74,079 


3.40 


9,270 


30,885 


40, 155 


1.84 


10, 156 


28,622 


38,778 


1.78 


3,197 


15,027 


18,224 


0.84 


19,407 


10,252 


29,659 


1.36 


88,233 


44, 173 


77, 406 


3.55 


46, 473 


107,660 


154, 133 


7.07 


1,979 


4,685 


6,664 


0.81 


4,011 


23,396 


27, 407 


1. 26 


4,769 


1,635 


6,404 


0.29 


500 


1,123 


1,628 


0.07 


3,635 


88,528 


87, 168 


4.00 


5,437 


5,868 


11,805 


0.52 


357,876 


140,268 


498,144 


22.86 


95,901 


2,403 


98,804 


4.51 


326,989 


39, 199 


366, 188 


16.81 


16,550 


15,708 


82,258 


1.48 


1,493 


4,978 


6,466 


0.30 


18,872 


5,327 


24, 199 


1.11 


81 


707 


738 


0.03 


2,108 


4,350 


6,458 


0.30 


2,448 


17,096 


19,544 


0.90 


4,684 


27,414 


82,098 


• 1.47 


24, 104 


25,495 


49,599 


2.28 


120 


809 


929 


0.04 


•2,187 


7,102 


9,239 


0.42 


612 


6,081 


6,693 


0.31 


5,932 


4,226 


10, 158 


0.47 



Products of Agriculture— 

Grain _._ 

Flour 

Other mill products 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Products of Animals— 

Live stock 

Other packing-house products 

Poultry, game and fish 

Hides and leather 

Products of Mines— 

Coal 

Stone, sand and other like articles 

Products of Forest— 

Lumber 

Wood : 

Logs 

M ANUFACTURES— 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agriculturalimplements 

Wagons, carriages, tools, etc 

Wines, liquors and beers 

Household goods and furniture __. 



130 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT- 


—Continued. 






Commodity. 


Freight 

Originating 

on this 

Road. 


Freight 

Received 

from 

Connecting 

Roads and 

Other 
Carriers. 


Total 
Freight Tonnage. 


Merchandise— 


Whole Tons. Whole Tons. 
10,336 i 89,410 

180,588 214,331 


Whole Tons. Per Cent. 
49,746 2.'i9 


MiSCELI.ANEOUS— 

Other commodities not mentioned above- 


394,919 


18.13 


Total tonnage— North Carohna 


1,211,624 1 967,006 


2,178,630 


100.00 






Total tonnage — entire line 


2,417,184 730,269 


3,147,453 









MILEAGE. 
A. MILEAGE OF ROAD OPERATED (All Tracks.) 



Line in Use. 


Line Represented by 
Capital Stock. 


Line 

Operated 

Under 

Lease. 


Line 
Operated 

Under 

Contract, 

Etc. 


Total 

Mileage 

Operated. 


Main 
Line. 


Branches 
and Spurs. 




549.03 
137.25 


481.60 


1.25 


2.39 


948. 27* 


Miles of yard track and sidings 


137.25 












Total miles operated (all tracks' 


686.28 


431. 60 


1.25 


2.39 


1,12L52 



B. MILEAGE OF LINE OPERATED BY STATES (Single Track.) 



Line represented by capital stock — Main line 

Branches and spui 

Line operated under lease 

Line operated under trackage rights 

Total mileage operated 



549.08 

481.60 

1.25 

2.39 



984.27 



C. MILEAGE OF LINE OWNED BY STATES (Single Track.) 



Line represented by capital stock— Main line 

Branches and spurs. 
Total mileage owned 



549.03 
431.60 



ATLANTIC COAST LINE RAILROAD COMPANY. 



131 



TAX ASSESSMENTS OP ALL KINDS 

State— Virginia 

North Carolina 

South Carolina 

Georgia 

Internal revenue— U. S. Government 

Total 



$49, 055. 70 

185,710.87 

115,()31.30 

102. 13 

9,500.00 



360,000.00 



DECSRIPTION OF EQUIPMENT. 





No. 
Added 
Dur- 
ing 
Year. 


Total 

No. 

at End 

of 

Year. 


Equipment Fitted 
With Train Brake. 


Equip- 
ment Fit- 
ted With 


Item. 


No. 


Name. 


Auto- 
matic 
Cou pier — 
Number 


LiOCOMOTIVES— 

Passenger "| 

- Freight j 

Switching 


4 

1 


177 
24 


177 
24 


Westinghouse. 
Westiughouse_ 


177 
24 


Total locomotives in service 


1 


201 


201 




201 






Cars ik Passenger Service— 

First-class cars.. _ . _ 


5 

2 
1 
6 


85 
18 
33 
46 


85 
18 
33 
46 




85 


Second-class cars 




18 


Combination cars _ __ __ 




33 


Baggage express and postal cars 




46 






. - . 




Total __ _ _ . ___ _ - 


10 


182 


182 


182 








In Freight Service- 
Box cars 


192 

149 

2 

30 


4,449 4,131 
1 452 1 98."^ 




4,449 
1 452 


Flat cars 




Stock cars 


56 
560 


38 


56 


LiOg cars 














Total 


369 


6,517 


5,154 


5 957 








In Company's Service— 

Gravel cars _ _ — _ — _ ___ 




6 
129 

34 
242 

10 


6 
24 
20 
43 

3 


6 


Derrick cars _ _ _ .— 


20 
1 

8 
1 




129 


Caboose cars _ 




34 


r 




242 


Other road cars < 




10 








Total _- - „ 


12 


421 


96 


421 








Total cars in service . 


367 


7,120 


5,432 


6,560 






Total cars owned _ 





7.120 


F, AR9 


6,560 








Cars contributed to fast freight .__ . 




2,537 2.537 


2,537 











132 



N. C. CORPORATION COMMISSION. 



CAR MILEAGE. 

PAID OR ALLOWED FOR ROLLING STOCK NOT THE PROPERTY OF RAILROADS 
NOR CONSIGNED FOR USE BY LEASE. 



Name of Owner. 



Compensation. 



Rate. Amount. 



American Cotton Oil Co 

Armour Palace Horse Car Co 

Anglo-American Refrigerator Co 

Armour Car Lines 

American Refrigerator Transportation Co. 

American Fast Freight Line 

Atlantic (Jotton Oil Co 

Alderman & Sons, D. W 

Atlas Engine Works 

Atlantic Seaboard Refrigerator Line 

Arbuckle's Ariosa Dispatch ■. 

Acme Brewing Co 

Burton Stock Car Co 

Brill, J. G 

Booth Refrigerator Line 

Canada Cattle Car Co 

California Fruit Express 

Commerce Dispatch Line 

Cudahy Refrigerator Line 

Cudahy Milwaukee Refrigerator Line 

Consolidated Cattle Car Co 

Chatham Coal and Iron Co 

Charlotte Oil and Fertilizer Co 

Cold Blast Transportation Co 

Dairy Shippers Dispatch 

Dold Packing Co 

Express Coal Line 

Empire Line 

Express Freight Line 

Florida Naval Stores and Com. Co 

Gate City Oil Co 

German- American Refrigerator Line 

Hammon Refrigerator Line 

Iroquois Iron Works . 

Kansas City Refrigerator Car Line 

Kingan Refrigerator Car Line 1 



3-4- 



3-4 
6-10 
3-4 
-6-10 
3-4 
6-10 
3-4 
6-10 
6-10 
3-4 
6-10 
3-4 
6-10 
0-10 
3-4 
6-10 
3-4 
6-1 
3-4 
3-4 
6-10 
6.10 
3-4 
6-10 
3-4 
3-4 
6 10 
6-10 
6-10 
3-4 
3-4 
3-4 
3-4 
6-10 
3-4 
3-4 



ATLANTIC COAST LINE RAILROAD COMPANY. 



133 



CAR MILEAGE— Continued. 



Name of Owner. 



Keystone Palace Horse Car Co 

Keystone Live Stock Express 

Kentucky Refrigerator Co 

liipton Refrigerator Car Line 

Louisville Packing Co 

Lima Locomotive and Machine Works Co_ 

Matthew Horse and Stock Car Co 

Merchants Dispatch Transportation Co 

Morris & Co. Refrigerator Line 

National Dispatch Line 

New England Car Co 

North and South Rolling Stock Car Co 

Provision Dealer's Dispatch 

Portner Brewing Co 

Produce Shippex's Dispatch 

Palmer Manufacturing Co 

Rock Hill Buggy Co 

Rogers, Brown & Co 

Roper Lumber Co 

Swift Refrigerator Line 

Southern Iron Car Lines 

Southern Dispatch Lumber Line 

Southern Freight Line 

Southern Eastern Line 

Streets Western Stable Car Line 

Southern Cotton Oil Co 

Southern Paving and Con. Co 

Santa Fe Refrigerator Line 

St. Louis Refrigerator Car Line 

Shotter Co. S. P 

Union Refrigerator Transit Co 

Union Tank Line 

Venice Transportation Co 

White Oak Transportation Co 

Total 



Compensation. 



Rate. 


Amount. 


6-10 


$2.15 


6-10 


5.33 


3-4 


20.50 


3-4 


649.98 


3-4 


10.25 


6-10 


.73 


6-10 


11.94 


3-4-6-10 


409-41 


3-4 


6.76 


3-4-6-10 


6.14 


6-10 


2.75 


6-10 


126.41 


3-4 


70.64 


3-4 


414. 88 


3-4 


19.42 


6-10 


.61 


6-10 


16.71 


6-10 


3.82 


6-10 


2.86 


3-4—6-10 


2,582.51 


6-10 


913.29 


3-4—6-10 


142.54 


(>10 


59.39 


6-10 


470.25 


6-10 


15.67 


3-4 


700.64 


6-10 


.36 


3-4 


1.54 


3-4 


10.62 


3-4 


11.85 


3-4 


133.38 


3-4—6-10 


1,614.23 


6-10 


66.62 


(>10 


19.82 



27,431.67 



134 



N. C. CORPORATION COMMISSION. 



Seaboard Air Line Railway 



OFFICERS. 



Title. 



President 

First Vice-President 

Third Vice-Pre.sident 

Fourth Vice-President 

Treasurer 

Secretary 

General Counsel 

Comptroller 

General Manager 

Chief Engineer 

General Superintendent 

First Division Superintendent __. 
Second Division Superintendent- 
Third Division Superintendent.— 
Fourth Division Superintendent- 
Fifth Division Superintendent.— 

Superintendent of Telegraph 

Traffic Manager 

Assistant General Freight Agent. 
General Freight Agent 



Assistant General Freight Agents. 



General Passenger Agent 

Assistant General Passenger Agents . 

General Ticket Agent 

Land Commissioner 



Name. 



John Skelton Williams 

James M. Barr 

J. Wm. Middendorf 

V. E. McBee 

John H. Sharp 

D. C. Porteaus 

Leigh R. Watts 

T.W. Roby 

James M. Barr 

Wm, W. Gwathney 

N. D. Maher 

Charles H. Hix 

D. H. Barger 

E. Berkley 

Walter Hale 

D. E.Maxwell 

W. F. Williams 

W. H. Pleasants 

E.D.Kyle 

Charles R. Capps 

A. Pope 

R.O.Cheatham 

L. E.Chaenot 

C. B.Ryall 

W.E.Christian 

A. O. McDonell 

C. B. Walworth 

I. Breveton 



Location of Office. 



Richmond, Va. 
Portsmouth, Va. 
Baltimore, Md. 
Portsmouth, Va. 
Portsmouth, Va. 
New York, N. Y. 
Portsmouth, Va. 
Portsmouth, Va. 
Portsmouth , Va. 
Portsmouth, Va. 
Portsmouth, Va. 
Richmond, Va. 
Raleigh, N.C. 
Atlanta, Ga. 
Savannah, Ga. 
Jacksonville, Fla. 
Portsmouth, Va. 
Portsmouth, V^a. 
Jacksonville, Fla. 
Portsmouth, Va. 
Portsmouth, Va. 
Atlanta, Ga. 
Savannah, Ga. 
Portsmouth, Va. 
Atlanta, Ga. 
Jacksonville, Fla. 
Savannah, Ga. 
Jacksonvillle, Fla. 



DIRECTORS. 

John Skelton Williams, Richmond, Va. ; James H. Dooley, Richmond, Va. ; James M. Barr, 
Portsmouth, Va.; J. Wm. Middendorf, Baltimore, Md. ; S.Daves Warfield, Baltimore, Md. ; Rob't 
C. Davidson, Baltimore, Md. ; W.A. Marbury, Baltimore, Md.; C. Sidney Shepard, New Haven, 
Oswego County, New York ; F. R. Pemberton, New York City ; Geo. W. Watts, Durham, N. C. ; E. 
B. Addison, Richmond, Va. Time expires 2d Thursday in November, 1902, or until succeeded. 



SEABOARD AIR LINE RAILWAY COMPANY. 



135 



CAPITAL STOCK. 



Description. 



Capital stock— common- 
preferred 
•Total 



Number of 

Shares 
Authorized, 



375,000 
250,000 



625,000 



Par 
Value of 
Shares. 



$100.00 
100.00 



Total Par 

Value 

Authorized. 



Total 
Amount 
Issued and 
Outstand- 
ing. 



$37,500,000 $37,000,000 
25,000,000 25,000,000 



100.00 ! 62,500,000 ' 62,500,000 



Manner of Payment for Capital Stock. 



Issued for construction— common 

Issued for acquiring securities of proprietary companies— preferred 

common 
Total 



Total 

Number 

Shares Issued 

and 
Outstanding. 



2,000 
250,000 
373,000 



625,000 



PROPERTY OPERATED— State of North Carolina. 





Terminals. 


Miles of 

Line for 

Each 

Road 

Named. 


Miles of 
Line for 


Name. 


From— 


To- 


Each 

Class of 

Roads 

Named. 


1 A.— Seaboard Air Line Ry.. 


Virginia State Line_ 
Virginia State Line- 
Virginia State Line- 
Weldon 


Weldon 


18.40 
32.30 

7.50 

96.20 

96.60 

264.63 

14.30 

7.00 
41.40 
10.00 
11.20 

4.70 

1.70 
10.13 




Lewiston 






Norlina 






Raleigh 






Raleigh 


Hamlet 






Wilmington 


Rutherfordton 

S. C. State Line 

S. C. State Line 






Monroe 

Hamlet 






Henderson -- — 






Franklinton 








Moncure 


Pittsboro 






Ellenboro 

MillJunction 

Hamlet 


Caroleen __ _ 






Henrietta Mills 

Gibson 






Roanoke Junction. - 
Hilton 




616.06 
2 54 


1 B— Branch ._. 




3— Wilmington Ry Bridge Co. 


Navassa (lease) _ 




2 40 












Total 


g91 00 













136 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED. 

NAME OF EVERY RAILROAD THE OPERATIONS OF WHICH ARE INCLUDED IN 

THE INCOME ACCOUNT. 



1. RaiU'oad line represented by capital stock : 

A. Main line. 

B. Branches and spurs. 

2. Proprietary companies whose entire capital 

stock is owned by this company. 



3. Line operated under lease for specified sum. 

4. Line operated under contract, or where the 

rent is contingent upon earnings or other 
considerations. 

5. Line operated under trackage rights. 



Name. 



Terminals. 



From- 



To- 



Miles of 

Line 
for Each 

Road 
Named. 



Miles of 
Line for 

Each 
Class of 

Roads 
Named. 



1. A— Seaboard Air Line Ry. 



Hermitage 

Portsmouth 

Weldon 

Raleigh 

Wilmington 

Monroe 

Belt Junction 

Hamlet 

Cheraw 

Camden 

Savannah ___i 

Lyons 

Savannah 

Jacksonville 

Fernandina ... 

Waldo 

Henderson 

Boykins 

FranklintOD 

Moncure 

Ellenboro 

Mill Junction 

Lawrenceville 

Hamlet 

Columbus 

Abbeville 

Savannah River 

Drifton 

Tallahassee 

Fernandina 

Archer 



Norlina 

Weldon 

Raleigh 

Hamlet 

Rutherfordton .._ 

Belt Junction 

Howell 

Cheraw 

Camden 

Savannah 

Meldrin 

Montgomery 

Jacksonville 

River Junction__. 

Cedar Key 

Tampa 

Durham 

Lewiston 

Louisburg 

Pittsboro 

Caroleen 

Henrietta Mills _ 

Logansville 

Gibson 

Albany 

Ocello 

Hutchinson Island. 

Monticello 

St. Marks 

Amelia Beach- 
Early Bird 



102. 10 

78.60 

96.20 

96.60 

264. 63 

261. 10 

8.10 

18.28 

54. 94 

171.21 

16. 99 

262. 99 

138.96 

209.06 

155.70 

155.44 

41.40 

35.00 

10.00 

11.20 

4.70 

1.70 

10.33 

10.13 

88.00 

30. 80 

2.08 

4.38 

20.85 

2.25 

28.75 



SEABOARD AIR LINE RAILWAY COMPANY. 



137 



PROPERTY OPERATED— Continued. 





Terminals. 


Miles of 
Line 

for Each 
Road 

Named. 


Miles of 
Line for 


Name. 


From— 


To- 


Each 
Class of 

Roads 
Named. 




Wildwood 


Lake Charm 

Silver Springs 

Sumpterville 

Lake Weir 


70.16 
L90 

2.07 

7.65 

46.44 






Silver Spring Jet. 

Sumpterville 






Starke 

Turkey Creek 

Roanoke Junction.. 

Archer Branch 

WillardSpur 

Early Bird 

Lake Griffin 

Camp . 


Williford 






Marvillia _. 


2,520.19 


1. B— Seaboard Air Line Ry.- 


5.10 
2.54 
2.83 
2.00 
.60 
.59 
1.71 
5.00 


Roanoke Rapids 

Mine 
























Spur 






Belt J unction 


Inman Park 


20. 37 
57.65 


3.— Central of Georgia 


Lyons 

Hilton 

Howells 


Meldrin ' 


57. 65 
2.40 


4.— Wilmington Railway and 
Bridge Co. 

5, — Western and Atlantic Ry _ 


Navassa 

Atlanta 


2.40 


3.00 


3.00 








Total mileage operated- 


1 




2, 603. 61 











Note.— Above mileage does not include the newly constructed (10) ten miles between Ala- 
chua and Wannee, Vjuilt but not operated. 



138 



N. C. CORPORATION COMMISSION., 



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SEABOARD AIR LINE RAILWAY COMPANY. 



139 



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140 



N. C. CORPORATION COMMISSION. 





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SEABOARD AIR LINE RAILWAY COMPANY. 



141 



RECAPITULATION OF FUNDED DEBT. 






Amount 
Issued. 


Amount 
Outstanding. 


Interest. 


Class of Debt. 


Amount Ac- 
crued During 
Year. 


Amount 

Paid During 

Year. 


Mortgage bonds. . . 


$63,729,000.00 
10,000,000.00 
4,524,402.12 


$42,495,000.00 

10,000,000.00 

2,519,818.38 


$1,981,400.00 
500,000.00 
118,295.11 


$1,981,400.00 


Miscellaneous obligations 


500,000.00 


Equipment trust obligations 


119,286.83 






Total 


78,253,402.12 


55,014,813.38 


2,599,695.11 


2,600,686.83 







CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS. 



Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Other cash assets 

Total— cash and current assets 

Balance— current liabilities 

Total 

CURRENT LIABII.ITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Net traffic balances due to other companies 

Matui'ed interest coupons unpaid 

Miscellaneous 

Total-current liabilities 

Total 



Amount. 



$997, 487. 61 

83,345.57 

279,217.95 

542,771.79 

289,393.83 



2,192,216.75 

338,967.95 

2,531,184.70 



53,900.00 
932,317.02 
443,249.68 

35,380.30 
688,441.00 
377,896.70 



2,531,184.70 
2,531,184.70 



Materials and supplies on hand, $599,920.63. 



14:2 



N. C. CORPORATION COMMISSION. 



RECAPITULATION. 
A. FOR MILEAGE OWNED. 





Total 

Amount 

Outstanding:. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Account. 


Miles. 


Amount. 


Capital stock. _ .__ 


$62,500,000.00 

52,495,000.00 

2,519,813.38 


$62,500,000.00 

52,495,000.00 

2,519,818.88 


2,550.56 
2,550.56 
2,550.56 


$24, 504. 42 


Bonds _ - 


20,581.75 

987. 95 


Equipment trust obligations 






Total 


117,514,813.38 


117,514,813.38 


2,550.56 


46,074.12 





FOR MILEAGE OPERATED (TRACKAGE Rights Excluded), THE OPERATIONS OF 
WHICH ARE INCLUDED IN THE INCOME ACCOUNT. 



Name of Road. 


Capital 
Stock. 


Funded 
Debt. 


Total. 


Amount Per Mile 
of Line.. 




Miles. Amount. 


Seaboard Air Line Railway _ 


$62,500,000.00 


$55,014,813.38 


$117,514,813.38 


2,598.21 


$45, 229. If 


Grand total 


62,500,000.00 


55,014,813.38 117,514,813.38 


2,598.21 45,229.1* 







COST OF EOAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 



Construction— 

Engineering 

Right-of-way and station grounds 

Real estate 

Grading 

Bridges, trestles and culverts 

Ties 

Rails 

Track fastenings 

Frogs and switches 

Ballast 

Track laying and surfacing 



Expenditures 
During 
Year, Not 
Included in 
Operating 
Expenses, 
Charged to 
Const ru(aion 
or Equip- 
ment. 



$2, 760. 92 

110,261.96 

341.50 

31,456.88 

54,838.09 

14,891.01 

83,472.70 

10,204.38 

7,350.53 

77,989.63 

19,904.95 



Total 

Cost to 

June 30, 1901. 



$1,945.73 
22,006.92 
80,386.75 

217,157.49 
39,867.03 
32,048.96 

110,215.64 
21,211.21 
21,365.69 
304.72 
62, 151. 88 



Total 

Cost to 

June 30, 1902. 



Cost 
Per Mile. 



$4,706.65 
132,268.88 
80,728.25 
248,613.82 
94,205.12 
46,989.97 
193,688.34 
31,415.54 
28,716.22 
78,294.35 
82,056.83 



$1.85 
51.86 
31.65 
97.47 
36.94 
18.4® 
75.94 
12.32 
11.28 
30.70 
32.17 



SEABOARD AIR LINE RAILWAl^ COMPANY. 



143 



COST OF ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS— Continued. 



Item. 



Expenditures 
During 
Year, Not 
Included in 
Operating 
Expenses, 
Ctiarged to 
Construction 
or Equip- 
ment. 



Construction— (Con ) 

Fencing right-of-way 

Crossings, cattle guards and signs 

Interlocking or signal appai'atus 

Telegraph lines • 

Station buildings and fixtures 

Shops, round-houses and turn-tables- 

Shop machinery and tools 

Water stations 

Fuel stations 

Storage warehouses 

Docks and wharves 

Acquired by control of stock 

Miscellaneous structures 

Legal expenses 

Purchase of constructed road 

General expenses 

Total construction 

Equipment— 

Locomotives 

Passenger cars 

Baggage, express and postal cars 

Freight cars 

Other cars of all classes 

Acquired by control of stock 

Total equipment 

Total construction 



^461.02 

527. 77 

21.45 

851. 47 

187,755.79 

7,522.00 

26,087.38 

8,483.80 

4,191.50 



Total 

Cost to 

June 30, 1901. 



59, 045. 85 

195,071.42 

400.00 

187. 53 

1,881.12 I 



$620.44 

18,407.71 

801.23 

274.38 

172,441.52 

45,027.98 

3,173.52 

26,595.51 

5,242.06 

10, 005. 87 

26,948.-58 

31,285,602.29 

59,295.59 

3, 088. 38 

8, .533. 13 

71.25 



Total 

Co4t to 

June 30, 1902. 



#1,081.46 

18, 935. 48 

822. 68 

1, 125. 85 

310,197.31 

52, 549. 98 

29, 260. 90 

35,078.81 

9, 433. 56 

10,005.87 

86, 594. 43 

31,090,530.87 

59,695.59 

3,275.91 

8,533.13 

1, 952. 87 



466, 416. 71 I 32, 274, 291 . 46 j 32, 740, 708. 17 



Cost 
Per Mile. 



Grand total cost construction, 
equipment, etc 



Total cost construction, equip- 
ment, etc— North Carolina 



282,533.99 
95,795.49 



706,487.03 
44,446.36 



1,129,262.87 
466, 416. 71 



1,595,679.58 



380, 569. 58 



758,550.00 

95, 755. 80 

51,363.73 

1,591,824.14 

7,733.00 

2,285,919.22 



1,041,083.99 

191,551.29 

51,363.73 

2,298,311.17 

52,179.36 

2,285,919.22 



37, 065, 437. 35 38, 661 , 11(>. 93 



8,840,106. 



9,220,676. 



$0.42 

7.42 

.32 

.44 

121.62 

20.60 

11.47 

13.75 

8.70 

3.92 

33.95 

12, 189. 69 

23.41 

1.28 

3.85 

.77 



12,836.67 



408. 18 
75.10 
20. 14 

901. 10 
20.46 

896. 24 



4,791,145.89 \ 5,920,408.76 j 2,321.22 
32,274,291.46 32,740,708.17 i 12,886.67 



15, 157. 89 



14,905. 



14:4 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 





$10,922,495.37 
7,183,816.80 










$3,738,678.57 


Dividends on stoclss owned 


50,065.00 
9, 787. 70 
















59, 852. 70 










3,798,531.27 


Deductions from Income— 

Interest on funded debt accrued 




2,599,695.11 

48,925.00 

381,402.95 

2,676.33 




Rents paid for lease of road 




Taxes 
















3, 032, 699. 39 










765,831.88 








Surplus from operations of year ending June 30 1902 


765,831.88 


Surplus on June 30, 1901 [from " General Balance Sheet," 1901 Hep.] . 




252, 676. 47 






Deductions for year 


1,018,508.35 
121,452.54 








Surplus on June 30, 1902 [for entry on " General Balance Sheet] 


897, 055. 81 









BONDS OWNED. 
A. RAILWAY BONDS. 



Name. 



Seaboard and Roanoke— registered 6 per cent 

Roanoke and Tar River — first mortgage 

Durham and Northern — first mortgage 

South Bound— first mortgage 

Chesterfield and Kershaw— first mortgage 

Georgia and Alabama— first mortgage 

S. A. L. Railway Belt— first mortgage 

Total 

B. OTHER BONDS. 

National Compress Co 

Fernandina Terminal 

Total . 

Grand total— A and B 



Total 
Par Value. 



$405,000.00 
205,000.00 
50,000.00 
725,()00.00 
500,000.00 
780,000.00 
600,000.00 



3,265,000.00 



Valuation 



$405,000.00 
205,000.00 
50,000.00 
725,000.00 
500,000.00 
814,000.00 
510,625.00 



3,209,625.00 



$750.00 
50,000.00 



50,750.00 



3,315.750.00 



$800.00 
50,000.00 



50,800.00 



3,260,425.00 



SEABOARD AIR LINE RAILWAY COMPANY, 



14:5 



STOCKS OWNED. 

RAILWAY STOCKS. 



Name. 



Seaboard Air Line Railway— common . 
Seaboard Air Line Railway— preferred. 

S.and R. R. R— guaranteed 

S.and R.R.R— Md. preferred 

S.andR. R. R— common 

R. and G.R.R— common 

R. and A. A-L.R.R— common 

Carolina Central— preferred 

Carolina Central — common 

Ga., Carolina and Northern— preferred. 
Ga., Carolina and Northern— common „ 

S. A. L. Belt R. R 

Durham and Noi'thern 

Palmetto R. R 

Chesterfield and Kershaw 

Logansville and Laurenceville 

Richmond and Washington Line 

Roanoke and Tar River 

F., C. and P— preferred 

F., C.and P — common 

G. and A. Rail way— preferred 

G.and A. Railway — common 

Louisburg R. R 

Atlantic, Swaunee River and G 

South Bound 

Columbia, Newberry and Laurens 

Carolina Southern Railway 

Southeasterly 

Wilmington Railway Bridge Co 

Total 



Total Par 
Yalue. 



Income 

or Dividend 

Received. 



56,460,961.79 



$13,8o0.00 



Yaluation. 



:?8,500,000.00 
.5, (iOO. 000. 00 



63. 063, 736. 28 



253, 283. 78 

224,605.79 

1,000.00 

6,000.00 

6,200.00 

1.(0 



13,350.00 



S 654, 826. 85 



10 



1 4 H 



N. C. CORPORATION COMMISSION. 



STOCKS OWNED— Continued. 
B. OTHER STOCKS. 



Name. 



Baltimore Steam Packet Co 

Georgia and Florida Navigation Co 

Independent Navigation Co 

Georgia Construction Co 

Old Dominion S.S. Co 

Special publishing stock 

Atlanta compress stock 

Florida publishing stock 

Jacksonville terminal stock 

Savannah Passenger Station 

Total] 

Grand total— A and B 



Total Par 
Value. 



Income 

or Dividend 

Received. 



$400,000.00 
8,000.00 

25,000.00 
210,000.00 

68,300.00 

12,500.00 
1,000.00 

50,000.00 
100,000.00 



$23,895.00 



874,800.00 



57,335,761.79 



Valuation. 



12,600.00 
220.00 



5,715.00 



50,065.00 



$583,779.63 

8,076.44 

28,768.33 
248,750.00 
66,990.82 
12,500.00 
800.00 
25,000.00 
48,267.63 



1,022,932.85 



78, 677, 759. 70 



EARNINGS FROM OPERATION- 


-State of North Carolina. 




Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger— 

Passenger revenue 


$498,759.63 






Total passenger revenue 




$498,759.63 


Mail 






72 281.00 


Express 






54,767.08 


Total passenger earnings 






625, 807. 71 




2,007,737.24 






Fkeight— 




Less repayments— 

Ovei'charge to shippers 


$33,361.29 
11,286,50 




Other repayments 














44,647.79 










Total freight revenue 






1,963,089.45 












1,963,089.45 












2,588,897.16 




482.76 
94,954.32 






Other Earnings from Operations— 
















Total other earnings 




95.437.08 












2,684,334.24 


Total gross earnings from operation— entire 
line 






10,922,495.37 











SEABOARD AIR LINE RAILWAY COMPANY. 



14T 



OPERATING EXPENSES. 



Item. 



Maintenance of Way and Structures— 

Repairs of roadway 

Renewal of rails 

Renewal of ties 

Repairs and renewals of bridges and culverts 

Repairs and renewals offences, road crossings, signs, and cattle guards- 
Repairs and renewals of buildings and fixtures 

Repairs and renewals of docks and wharves 

Repairs and renewals of telegraph 

Stationery and printing . 

Other expenses 

Total 

Maintenance of Equipment— 

Superintendence 

Repairs and renewals of locomotives 

Repairs and renewals of passenger cars 

Repairs and renewals of freight cars 

Repairs and renewals of work cars 

Repairs and renewals of marine equipment 

Repairs and renewals of shop machinery and tools 

Stationery and printing 

Other expenses 

Total 

Conducting Transportation— 

Superintendence 

Engine and roundhouse men 

Fuel for locomotives 

Water supply for locomotives 

Oil, tallow, and waste for locomotives 

Other supplies for locomotives 

Train service 

Train supplies and expenses 

Switchmen, flagmen, and watchmen 

Telegraph expenses 

Station service 

Station supplies 

Switching charges— balance 

Car mileage— balance 

Loss and damage 



S727,5;35.2t 

20,846.24 

231,887.32 

185,439.86 

6, 863. 67 

85,457.00 

12,342.99 

4, 602. 84 

3,483.63 

3,870.15 



1,282,328.94 



51,862 94 

399,696.87 

204,282 16 

323,840.73 

15,569.15 

3.028.96 

35,921.33 

4,424.08 

51, 059. 97 



3.19 



185,209.02 

611,509.32 

1,073,013.95 

43,611.35 

29,530.48 

12,751.15 

349, 145. 89 

113,136 43 

169,315.12 

158,330,91 

622,674.29 

42,772.32 

6,202.41 

133, 625. 56 

201, 204. 85 



148 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES— Continued. 



Item. 



Conducting Transportation— Continued. 

Injuries to persons 

Clearing wrecks 

Operating marine equipment 

Advertising 

Outside agencies 

Commissions 

Stockyards and elevators 

Rents for tracks, yards, and terminals 

Rents of buildings and other property 

Stationei-y and printing 

Other expenses 

Total 

General Expenses— 

Salaries of general officers 

Salaries of clerks and attendants 

General office expenses and supplies 

Insurance 

Law expenses 

Stationery and printing (general offices) 

Other expenses 

Total 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina- 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— N. C 



Amount. 



$108,198.05 
27, 908. 14 
40,570.70 
50, 162. 82 
195, 795. 19 

4,519.62 
46,000.95 
54,551.72 
22,035.82 
67,927.67 

4, 436. 82 



4, 369, 130. 55 



110, 266. 14 
146, 863. 53 
11,956.10 
61,320.95 
78,992.05 
13,830.04 
19,442.31 



442, 671. 12 



1,282,328.94 

1,089,686.19 

4,369,130.55 

442, 671. 12 



183.816.80 



65.78 



311,465,65 
266,294.57 

1,041,200.24 
105,598.82 

1,724,559.28 



64.25 



SEABOARD AIR LINE RAILWAY COMPANY. 



149 



COMPARATIVE GENERAL BALANCE SHEET. 



Jane 30, 1901. 



Total. 



$32,274,291.46 

4,791,145.89 

78,091,059.67 

3.260,425.00 

161, 853. 15 

3,400,000.00 

108,500.00 
4,869,392.14 

616,695.48 
54,004.65 



127,627,367.44 



62,500,000.00 

54,948,912.70 

3,624,364.76 

347,372.18 
54,140.94 

503,159.63 

1,888,240.76 

3,400,000.00 
108,500.00 
252, 676. 47 



127,627,367.44 



Cost of road 

Cost of equipment 

Stocks owned 

Bonds owned -- 

Other permanent improvements- 



Deposited with Continental Trust 
Co. to take up collateral trust 6 per 
cent loan 



June 30, 1902. 



Total. 



Wilmington Railway Bridge lease- 
hold interest 



Cash and current assets.. 

OTHER ASSETS. 

Materials and supplies — 

Sundries 

Grand total 

LIABILITIES. 

Capital stock 

Funded debt 

Current liabilities 



Accrued interest on funded debt not 
yet payable 



Accrued taxes not yet due 

Reserve for acquiring outstanding 
capital stock in proprietary com- 
panies 



Sundries- 



Collateral trust loan covered by de- 
posit with Continental Trust Co. 
(per contra) 



Wilmington bridge bonds 

Profit and loss 

Grand total 



$32,740,708.17 

5,920,408.76 

78,677,759.70 

3,260,425.00 



108,500.00 
2,192,216.75 



599,920.63 
224,052.40 



123,723,991.41 



Year Ending June 30, 1902. 



Increase. 



$466,416.71 

1,129,262.87 
586,700.03 



170,047.75 



62,500,000.00 

55,014,813.38 

2,531,184.70 

280,359.44 
64,271.97 

368,088.21 
1,959,717.90 



108,500.00 
897,055.81 



123,723,991.41 



65,900.68 



10,131.03 



71, 477. 14 



644,379.34 



Decrease. 



$161,853.15 



3,400,000.00 



2, 677, 175. 



16,774.85 



3,903,376.03 



1,093,180.06 
67,012.74 



135,071.42 



3,400,000.00 



3,903,376.03 



150 



N. C. CORPORATION COMMISSION. 



RENTALS RECEIVED. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company 
Using Property Leased. 


Item. 


Total. 


Tracks 


Weldon to Garysburg, N. C.- 
Atlanta, Ga _ __ 


A. C. L. Railway 


$5,632.08 

1,800.00 

180.00 

240.00 

4,307.88 

440. 00 






Atlanta Rapid Tr. Co 

Fla. and Ga. R. R _ 






Welborn, Fla. _____ 






Collins, Ga 


Columbus and Reidsville._ 
Plant System of Railways. 
Tavares and Gulf 






Archer to Mornston 






Tavares, Fla 






Cheraw to Maburg 


Chesterfield and Lancaster. 


1,070.04 
168.12 




Sidings and spurs _ 










S13, 838. 12 


Total 




Yards 


Locations for various houses. 




791.50 










Total 




791 50 


Tprminqls 


Cordele, Ga 


Albany and Northern 


585.00 










Total- 




585.00 












Grand total 


15, 214. 62 


r e n t s re- 
ceived. 











MISCELLANEOUS EXPENSES. 



Item. 


Gross 
Income. 


Net 

Miscellaneous 

Income. 




$780.00 
9,007.70 


$780.00 


Interest on notes receivable, etc 


9,007.70 






Total . _ -- _-. 


9,787.70 


9,787.70 







RENTALS PAID. 
A. RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 


Dividends 

on Stock 

Guaranteed. 


Cash. 


Total. 


Central of Georgia Railway 




$43,500.00 


$43,500.00 


Wilmington Railway Bridge _ 


$5,425.00 


$5,425.00 








Total rents A 


5,425.00 


43,500.00 


48,925.00 







SEABOARD AIR LINE RAILWAY^ COMPANY. 

S 8 



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N. C. CORPORATION COMMISSION. 











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SEABOARD AIR LINE RAILWAY COMPANY. 



153 



EMPLOYEES AND SALARIES— State of North Carolina. 



ClaSvS. 



General officers 

Other officers 

General office clerks 

Station agents 

Other station men 

Enginemen 

Firemen 

Conductors 

Other trainmen 

Machinists 

Carpenters 

Other shopmen , 

Section foremen 

Other trackmen : 

Switchmen, flagmen, and watchmen 

Telegrapii operators and dispatchers 

Employees— account floating equipment- 
All other employees and laborers 

General Officers 



Number. 



Total (including 
North Carolina . 



General Officei's " 

General Officers") — 



Total (excluding 
North Carolina . 



Distribution of Above— 

General administration 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

Total (including "General Officers ")- 
North Carolina 



Less " General Officers " 

General Officers 



Total (excluding 
North Carolina 



Total (including " General Officers")— en- 
tire line 



5 

7 

92 

102 

161 

74 

172 

f)8 

141 

98 

31 

290 

109 

949 

70 

34 

5 

206 



Total 
Number 
of Days 
Worked. 



2,614 
5 



2, 609 



104 
1,058 

419 
1, 033 



i,614 
5 



2,609 
10,966 



1,642 

2,676 
28, 945 
33, 681 
90,216 
23,426 
23,426 
16, 413 
35, 453 
15,157 

7,187 
.5.5, 207 
35, 1.56 
171.642 
27, 357 
16,997 

1,307 
64,883 



6.50,771 
1,642 



649, 129 



Total 
Yearly Com- 
pensation. 



$26,112.89 
17, 159. 64 
.58,938.78 
47,004.63 

104,916.98 

100,040.12 
35,812.77 
45, 298. 71 
41. ,529. 74 
35,104.70 
14, 353. 93 
83, 664. 97 
55,657.-51 

1.54,382.63 

36, 177. .53 

22, 880. 77 

2,461.39 

106,867.23 



988, .364. 92 
26,112.89 



962,252.03 



.33,263 
206,798 

77, 551 
333, 159 



650,771 
1,642 



649, 129 

2,728,598 



102,211.31 
210,040.14 
133, 123. 60 
.542,989.87 



988,364.92 
26.112.89 



962,2.52.03 

4,144,087.73 



Average 
Daily 

Compen- 
sation. 



$1.5.91 
6.41 
2.04 
1.40 
1. 16 
4.27 
1..53 
2. 76 
1.17 
2.32 
2.00 
1..52 
1..58 
.90 
1.32 
1.35 
1.88 
1.65 



1.52 
15.91 



1.48 



3.07 
1.02 
1.72 
l.(S 

1..52 
15. 91 

LIS 

1..52 



154 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— State of North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of "passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles- 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars per train mile 

Average number of passengers per train mile 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 



Number 
Passengers, 
Tonnage 
and Car 
Mileage. 



437, 236 
20,881,864 
33, 626 
47. 7( 



Revenue and Rates. 



1,461,018 
176,530,361 
284,268 
120.82 



4, 104, 531 

4.53 
23 
7, 160, 355 
5,518,493 



Dollars. 



Cents Mills. 



498,759 
1 



625,807 
1,007 



1,963,089 
3,161 

1 

2,684,334 
4,322 

1 
1,724,559 

2,777 



)9,774 
1,545 



SEABOARD AIR LINE RAILWAY COMPANY. 



155 



TRAFFIC AND MILEAGE STATISTICS— State of North Carolina— Continued. 




Item. 


Number 
Passengers, 
Tonnage 
and Car 
Mileage. 


Revenue and Rates. 


Car Mit.eage, Etc.— Continued. 

Mileage of empty freight cars — north or east 


1,973,489 
3,693,305 

17.64 

12. 19 

5.45 

169.77 

13.92 

621 


Dollars. 


Cents 


Mills. 


Mileage of empty freight cars — south or west 








Average number of freight cars per train mile 








Average number of loaded cars per train mile 

Average number of empty cars per train mile 














Average number of tons of freight per train mile 

Average number of tons of freight per loaded car mile- 
Average mileage operated during year 




' 





















TRAFFIC AND MILEAGE STATISTICS— Entire Line. 



Passenger Traffic— 

Nunaber of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles— 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton mile- 
Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 



1,833,274 
87,554,985 
33,628 
47.76 



4,516,072 
740,169,229 

284,286 
163. 89 



2,040.064 

1 



,175 
994 



7,90.5,126 
1 



8,170,394 

3,138 

1 

10,922,495 

4,195 

1 



280 
330 



044 

068 



1 398 



085 



156 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS- Entire Line— Continued. 



Items. 



Total Traffic— Continued. 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, Etc— 

Mileage of passenger cars 

Average, number of passenger cars per train mile 

Average numcer of passengers per train mile 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars— south or west 

Average number of freight cars per train mile 

Average number of loaded cars per train mile 

Average number of empty cars per train mile 

Average number of tons of freight per train mile 

Average number of tons of freight per loaded car mile. 
Average mileage operated during year 



Number 
Passengers,. 
Tonnage, 
and Car 
Mileage. 



17, 209, 770 

4.58 
23 
30,022,454 
23,138,336 
8,274,591 
15,485,555 

17.64 

12.19 

5.45 

169. 77 

13.92 

2, 608. 61 



Revenue and Rates. 



Dollars. 

7, 183, 816 
2,759 



8,738,678 
1,435 



Cents 

80 
17 
92 
57 
96 



Mills. 



793 



FREIGHT TRAFFIC MOVEMENT— State of North Carolina. 



Commodity. 


Freight 

Originating 

on this 

Road. 


Freight 
Received 

from Con- 
necting 

Roads and 

other 

Carriers. 


Total Freight Tonnage. 


Products of Agriculture— 
Grain 


Whole Tons. 

24, 177 
9,809 

13,259 
2,664 
7,537 

30,503 

10,255 
2,821 


Whole Tons. 

85,843 

22,990 

7,136 

8,406 

3,815 

19,075 

2,788 

140 


Wohle Tons. 
59,520 

32,299 
20, 395 
11,070 
11,352 
49,578 
13,043 
2,961 


Per Cent. 
4.08 


Flour 


2.21 


Other mill products 


1.40 


Hay 


.75 


Tobacco 


.78 


Cotton . . 


3.39 


Fruit and vegetables . _ 


.89 


Melons 


.20 



SEABOARD AIR LINE RAILWAY COMPANY. 
FREIGHT TRAFFIC MOVEMENT— State of North Carolina— Continued. 



157 



Commoditiy. 



Products of Animals— 

Live stock 

Other packing-house products 

Poultry, game, and fish 

Wool 

Hides and ieather 

Products of Mines— 

Anthracite coal 

Bituminous coal 

Ores 

Stone, sand, and other like articles 

Phosphate 

Products of Forest— 

Lumber 

Logs 

Wood and slabs 

Manufactures— 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick, and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors, and beers 

Household goods and furniture 

Cotton meal products 

Merchandise 

Fertilizer 

Miscellaneous— 

Other commodities not mentioned above 

Total tonnage— North Carolina 

Total tonnage— entire line 



Freight 

Originating 

on this 

Road. 



Whole Tons. 
2,061 

7,727 

286 

76 

384 

7,570 

6 

11,515 

1,749 

137, 626 
118,573 
79, 578 

16,228 
4,544 
4,698 
2, 635 
6,131 
5,084 
2, 821 

16, 932 

607 

1,616 

2,369 

3, 173 

20,397 
196,312 

62,557 

44,841 



858. 621 



2, 854, 066 



Freight | 

Received j 

from Con- | 

necting I Total Freight Tonnage. 

Roads and i 

other 1 
Carriers. 



Whole Tons. Whole Tons. 
691 -'. 7o'i 



4,970 

183 

45 

499 

44,083 

768 
7,033 
2,347 

138,516 
4,6:32 
7.932 

4,980 

1,872 

1,766 

23,2«>4 

14, 668 

17,964 

4,-5:30 

8,086 

783 

1,191 

1.636 

2, 181 

16,249 

140, 111 

18,869 

32, 85.5 



602,397 



12. 697 



121 

883 



51,65:3 

774 
18,548 
4,096 1 

i 
276,142 I 

123,205 I 

j 

87,510 I 

! 

21,208 ! 

6,416 I 

I 

6,464 j 

25,899 ! 
i 
20,799 

23,048 
7,351 ! 

25,018 ' 
1,390 
2,807 
4,005 
5,354 

:36,646 
3:36,423 i 

81,426 

77, 696 



1,461,018 



Per Cent. 
.19 
.87 
.03 
.01 
.06 

:3..54 

.05 

1.27 

.28 

18. 90 
8.43 
5.99 

1.45 
.44 
.44 

1.77 

1.42 

1.58 
.50 

1.71 
.10 
.19 
.27 
.37 

2.51 
23. 03 

5.58 

5.32 
1.00 



1,662,006 



4,516,072 



1.00 



158 



N. C. CORPORATION COMMISSION. 



DESCRIPTION OF EQUIPMENT. 



Item. 



Locomotives Owned and Leased— 

Passenger 

Freight 

Switching 

Total locomotives in service- 
Less locomotives leased 

Total locomotives owned 

Cars Owned and Leased— 
In Passenger Service— 

First-class cars 

Second-class cars 

Combination cars 

Dining cars 

Parlor cars 

Baggage, express, and postal cars. 

Total 

In Freight Service- 
Box cars 

P^lat cars 

Stock cars 

Coal cars 

Refrigerator cars 

Other cars in freight service 

Total 

In Company's Service— 

Officers' and pay cars 

Gravel cars 

Derrick cars 

Caboose cars 

Other road cars 

Total 

Total cars in service 

Less cars leased 

Total cars owned 



No. 
Added 
During 
Year. 



Total 

No. 

at End 

of Year. 



2! 



501 



40 



40 



243 



126 

149 

33 



308 
131 



177 



Fitted 
with 
Train 
Brake. 



]\^o. 



252 



4,400 

3,618 

67 

200 

20 

79 



8,384 



40 

4 

123 

256 



431 



543 9,067 

300 4,804 



4,263 



125 
149 
33 



307 
131 



176 



Fitted 
with 
Auto- 
matic 
Coupler. 



48 



29 



252 



3,985 

3,364 

60 

85 
20 

27 I 



7,541 



194 



7,987 
4,804 



3,183 



SEABOARD AIR LINE RAILWAY COMPANY. 



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160 



N. C. CORPORATION COMMISSION. 



MILEAGE— Continued. 

C. MILEAGE OF LINE OWNED BY STATES (Single Track) 



State or Territory. 



Line Represented by 

Capital Stock. j -potal 
Mileage 



Virginia 

North Carolina 

South Carolina 

Georgia 

Alabama 

Florida 

Total mileage owned (si n 
gle track )_•_ 



Main 
Line. 



157. 50 
616.06 
340. 88 
585. 84 
81.60 
748.31 



2,530.19 



Branches 

and 

Spurs. 



Owned. 



■2.54 



5.00 



12.83 



20.37 



157.50 
618. 60 
340. 88 
590. 84 
81. 60 
761.14 



2,550.-56 



New 
Line Con- 
structed 
During 
Year. 



10.00 



10.00 



Rails. 



Iron. 



,23 



84.01 



Steel. 



157.50 

580. 82 
340. 88 
590.84 
81. 60 
714.91 



2,466.55 



CHARACTERISTIC OF ROAD— State of North Carolina 



Working Division or Branches. 



From— 



Hermitage 

Portsmouth 

Weldon 

Raleigh 

Wilmington 

Monroe 

Belt Junction 

Hamlet 

Cheraw 

Camden 

Henderson 

Boykins 

Franklinton 

Moncure 

Ellenboro 

Belt Junction 

Lawrenceville 

Hamlet 

Roanoke Junction. 
Total old system 



To— 



Norlina 

Weldon 

Raleigh 

Hamlet 

Rutherfordton __ 

Inman Park 

Howells 

Cheraw 

Camden 

Cayce Junction _ 

Durham" 

Lewiston 

Louisburg 

Pittsboro 

Caroleen 

Henrietta Mills _ 

Logansville 

Gibson 

Roanoke Rapids 



Miles. 



102. 10 

78.60 

96.20 

i>6. 60 

264.63 

266. 10 

8.10 
18.28 
54.94 
36. 19 
41.40 
35.00 
10.00 
11.20 

4.70 

1.70 
10. 33 
10.13 

2.54 



Alignment. 



I Profile. 



Number 

of 
Curves. 



1,148.74 



137 
30 
82 
93 
193 
36,5 
19 
21 
53 
48 
90 
20 
14 
18 
10 
7 

16 
12 
16 



Aggregate 
Length 

of Curved 
Line. 



Miles. 
29.50 

12.80 

30.68 

22.68 

52.93 

76. 40 

3.90 

5.13 

11.15 

8.10 

20.01 

2.95 

3.90 

3.50 

2.07 

.81 

2.41 

2.31 

1.28 



Length ' Length 

of ; of 

Straight \ Level 

Line, j Line. 



Miles. 
72.60 

05.80 

65 52 

73. 92 

211.70 

189.70 

4.20 

13. 15 

43.79 

28.09 

21.39 

32.05 

6.10 

7.70 

2.63 

.89 

7,92 

7.82 

1.26 



1,244 



292.51 ' 856.23 



Miles. 

14.70 

10.34 

17. 67 

17.94 

42.58 

33.98 

1.70 

3.86 

7.08 

4.86 

5. 53 

19. 00 

2.19 

1.40 

.84 



2.55 
.79 



186.41 



SEABOARD AIR LINE RAILWAY COMPANY. 



161 



CHARACTERISTIC OF ROAD— State of North Carolina— Continued. 



Working Division of Branches. 



Cayce Junction, Savannah.— 
F. C.and P. Railway Systems. 
Ga. and Ala. Railway System 

A.S.R.and G. R. R 

CompsSpur 

Total 



Miles. 



135.02 

817. 79 

400.86 

40. 44 

1.71 



2, 550. 5t) 



Information lacking, or incomplete. 



Working Division or Branches. 



Froin- 



Hermitage 

Portsmouth 

Weldon 

Raleigh 

Wilmington 

Monroe 

Belt Junction 

Hamlet 

Chemw 

Camden 

Henderson 

Boykins 

Franklinton 

Moncure 

Ellen boro 

Belt Junction 

Lawrenceville 

Hamlet 

Roanoke Junct'n 
Total old sy't'm 



To— 



Norlina 

Weldon 

Raleigh 

Hamlet 

Rutherfordlon _. 

Inman Park 

Howells 

Cheraw 

Camden 

Cayce Junction . 

Durham 

Lewiston 

Louisburg 

Pittsboro 

Caroleen 

Henrietta Mills . 

Logansville 

Gibson 

Roanoke Rapids 



Profile. 



Ascending Grades. 



No. 



14() 
51 
57 

85 

(m 

1H2 

I 

15 
Si) 
.50 
39 
14 
15 
15 
3 



11,379 



Sum of 
Ascents. 



Feet. 
2,013.0 

439. 8 

879. 5 

1,198.0 

48, 900. 5 

5,761.0 

145. 

124.5 

1,171.9 

736. 7 

80. 2 

288.0 

88.0 

152.0 

42.0 



Aggregate 

Length of 

Ascending 

Grades. 



226.0 
W.O 
40.1 



62,346.2 



Miles. 
45.50 

40.50 

39. 43 

37.07 

130. 28 

122. 86 

3,30 

5. 72 

25. 84 

15.87 

18.01 

8.30 

2.59 

7.50 

.74 



Descending Grades. 



4.73 

2.82 
.54 



511.60 



No. 



133 
49 
54 
93 
472 
166 

1 
21 
76 
45 
35 
13 
25 
12 

4 

1 
21 
18 

6 



1,245 



Sum of 
Descents. 



Feet. 

1,785.0 

351.8 

678.0 

1,190.0 

38,154.6 

5,297.0 

140.6 

209.5 

1,132.7 

741.2 

86.2 

255.0 

110.0 

99.0 

259.0 

160.0 

255.0 

80.0 

134.7 



51,119.3 



Aggregate 

Length of 

Descending 

Grades. 



Miles. 

41.90 

27.76 

39.10 

41.59 

91.82 

109.31 

3.10 

8.70 

22. 02 

15. 46 

17.86 

7.70 

5.22 

2. .30 

3. 62 

1.70 

5.60 

4.76 

1.21 



450.73 



11 



162 



N. C. CORPORATION COMMISSION. 



TAXES AND ASSESSMENTS OP ALL KINDS. 
A. FOR REPORTING COMPANIES OWNED AND PROPRIETARY LINES. 



State or Territory. 



Virginia 

North Carolina. 
South Carolina. 

Georgia 

Alabama 

Florida 

Total 



Ad Valorem 

Tax on the 

Value of Real 

and Persoual 
Property. 



$24,418 94 
87,228.47 
49,043.46 
92,335.02 
11,362.22 

107,090.70 



Internal 
Revenue, 
U. S. Govern- 
ment. 



371,478.81 



S600.42 
2,366.90 
1,299.06 
2,483.02 
311.62 
2,863.12 



,924.14 



Total. 



■125,019.36 
89,595.37 
50,342.52 
94,818.04 
11,673.84 

109,953.82 



381,402.95 



CARS USED. 



Name of Owner. 



American Cotton Oil Co 

American Refrigerator Transportation Co 

American Car Co 

Acme Brewing Co 

American Tank Line 

American Live Stoclc Transportation Co 

Atlantic Cotton Oil Co 

Anglo-American Refrigerator Transportation Co. 

Armour Car Lines ^ 

Arms Palace Horse-Car Co 

Arbuckles' Ariosa Dispatch Co 

Ammonia Company of Philadelphia 

Boone, W. E 

A. Booth & Co 

Burton Stock Car Co 

Canda Cattle Car Co 

Charlotte Oil and Fertihzer Co 

Cleveland Provision Co 

Chicago, New York and Boston Refrigerator Co.. 

Central Equipment Co 

Chatham Coal and Iron Co 

Commercial Dispatch Line 

Consolidated Cattle Car Co 

•Continental Fruit Express 



Descrip- 
tion. 



Freight . 
___do — 
_„do--_ 
__.do___. 
___do.-_. 
.___do__- 
._^_do-__ 
^_.dO-__ 
.___do.._. 

,-do_._ 
___do_-_ 
^__do_._. 
.^--do_-_. 
___do-__ 
__-do___. 
___do-__. 
....do___. 

__do __. 

__do — 
__.do.__ 
__-do_..-. 
_._do___. 
___do-_.. 
__.do--_. 



Compensation. 



Rate. 



% and 6-10 

—do 

—do 

—do 

—do 

—do 

—do 

-_do 

—do 

--do 

—do 

—do 

^do 

— do 

-do 

_-do 

—do 

— do 

...do 

—do 

.-_do 

-_.do 

—do 

...do 



Amount. 



$2,377.33 

407. 94 

102.20 

6.23 

.59 

2.91 

15.45 

107.71 

10,614.58 

28.21 

66.30 

9.58 

5.73 

3.62 

23.95 

25.65 

65.72 

1.53 

7.97 

4.63 

213.59 

1.23 

10.76 

58.43 



SEABOARD AIR LINE RAILWAY COMPANY. 



163 



CARS USED— Continued. 








Name of Owner. 


Descrip- 


Compensation. 










Rate. 


Amount. 


Cold Blast Transportation Co __ _ . — _ 


Freight 


% and 6-10 


$28.33 


Cudahy Milwaukee Refrigerator Line 


do 


do 


56 63 


nnrla.liv R.pfriffPi'a,t,or Co 


do 


do 


61.03 


Dairy Shippers Dispatch - 


do 


do 


183 56 


Dold Packing Co 


do 


do 


33 13 


Express Coal Line 


do 


do 


386 28 


Florida Naval Stores and Conamission Co . 


do 


do 


506 93 


Freeman Bros. Refrigerator Line 


do 


do 


2.34 


Oate City Oil Co . -— - - 


____do _ _- 


- .do- - 


144.31 


Hammond Refrigerator Line - — 


do 


do 


132 29 


Healy C. J 


do 


do - 


6.27 


Jackson, Sharp & Co - . _ __ 


do- 


do 


12 38 


Kansas Citj'^ Refrigerator Car Co 


do 


do 


19 63 


Kentucky Refining Co _ 


do 


do 


20 90 


Kingan Refrigerator Line _ _ _ 


do 


do 


137 00 


Laconia Car Works. - 


___do .. _ 


„ do — 


10 82 


Lipton Car Line - _ _ _ _ 


do - 


do 


430 42 


Lima Locomotive and Machine Co — _ _ 


do 


.—do 


2.71 


Louisville Packing Co _ - -- 


do . . 


_ -do - - 


49.60 


Little Rock Cooperage Co . _ _. 


do 


do 


81 




do 


do 


5 93 


McCaw Manufacturing Co ._ 


do 


do 


3 57 


Mathison Alkali Works _ _ — __ _ . 


___.do 


___do 


26.77 


Merchants Dispatch Transportation Co 


do 


do 


246 15 


Montana Coal and Coke Co - 


_ _do_ _ 


__-do 


5.29 


Nashville Packing Uo _ __ ___ 


___do. _- 


___-do - - . 


1.13 




do 


do 


21 90 


National Rolling Stock Co _ 


- do 


do 


21 81 


Nat onal Carbon C) _ _ _ _ _ 


do 


....do._..... 

do 


7 55 


Nelson, ''orris&Co . -_ — _ 


do 


27 62 


New England Car Co _ __ _. . _ _ _ _ 


do 


do 


28 91 


North and S >uth Rolling Stock Co _ _ _ 


do 


do 


303 57 


Pc-nnsylvania Refining Co _ _ . ._.._. 


_-do 


do 


14 43 


Pittsburgh Coal Co _ _ _. . __ __ 


-___do 


___ do 


3.42 


Pease, F. H 


_ _do — 


—-do 


20.26 


Portland Brewing Co _. . _. 


-—do 


.—do 


7.77 


Profluce Shippers Dispatch 


do 


do 


67 57 


ProviHi..n Dealers Dispatch 


-—do 


—do 


77.16 



164: 



N. C. CORPORATION COMMISSION. 



CARS USED— Continued. 



Name of Owner. 



The Pullman Co 

Rock Hill Buggy Co 

St. Louis Refrigerator Car Co _ 

Sante Fe Refrigerator Line 

Street's Western Stock Car Co 
Smith Refrigerator Line 



Descrip- 
tioli. 



Sleepers- 
Freight _ 
.___do____ 
-__.do__- 
.___do._^^ 
.__-do____ 



Special Freight Dispatch I do 



Smith Refining and Cotton Oil Co 

Southern Cotton Oil Co 

Southern Dispatch Lumber Co 

Southern Ii'on Car Line 

Southern Freight Line 

Southeastern Line 

South Baltimore Car Works 

Union Refrigerator Transportation Co 

Union Tank Line 

■Venice Transportation Co 

Virginia and Alabama Coal Co 

Virginia and Carolina Chemical Co 

Western Refrigerator Line 

Milburnie Oil Works 

Total 



.do 

.do 

-do 

-do 

.do 

-do 

-do 

-do 

-do 

.do 

.do 

-do 

-do 

-do 



Compensation. 



Rate 



1 and 2 ct_- 
% and 6-10 

.-.do 

.— do 

.—do 

.—do 

do 

-—do 

.—do 

.—do 

.—do 

.—do 

.—do 

. do 

_— do 

_— do 

.—do 

.— do 

—do 

.—do 

.._.do 



Amount. 



$52,365.72 

35.44 

677. 10 

17.81 

20,21 

1,381.46 

4.05 

2.26 

313.75 

291.94 

9,105.01 

74.80 

957.29 

50.06 

365.33 

2,267.70 

64.13 

4.67 

13.72 

19.22 

47.28 

85,356.97 



SOUTHERN RAILWAY COMPANY 



165 



Southern Railway Company, 



OFFICERS. 



Title. 



President 

First Vice-President 

Second Vice-President 

Third Vice-President 

Fourtti Vice-President 

Secretary 

Treasurer 

Attorney or General Counsel 

Auditor 

Assistant Auditor 

Oeneral Manager 

<Teneral Manager 

Assistant General Manager 

Engineer of Construction 

■General Superintendent 

General Superintendent 

Superintendent of Telegraph 

Passenger Traffic Manager 

Freight Traffic Manager 

Assistant Freight Traffic Manager 

Oeneral Freight Agent 

General Passenger Agent 

iLand and Industrial Agent 



Name. 



Samuel Spencer 

A. B. Andrews 

W. W. Finley 

Frank S. Gannon 

J. M. Cues 

R. D. Lankford 

H. C. Ausley 

Francis Lynde Stetson 

A. H. Plant.- 

E. H. Kemper 

C. H. Ackert 

H. B. Spencer 

R. A. Dugan 

W. H. Wells 

J. H. Sands 

J. A. Dodson 

C. A. Darlton 

W, A. Turk 

T. C. Powell 

Lee McClung 

E. A. Neil 

S. H. Hardwick 

M. V. Richards ___ 



Location of Office. 



New York. 
Raleigh, N. C. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
New York. 
Washington, D. C. 
New York. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
St. Louis, Mo. 
Washington, D. C. 
Washington, D. C. 
Salisbury, N. C. 
Chattanooga, Tenn. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
Louisville, Ky. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 



DIRECTORS. 

Alexander B. Andrews, Raleigh, N, C. ; Joseph Bryan, Richmond, Va. ; Harris C. Fahnestock, 
New York ; William A. Finley, Washington, D. C. ; Robt. M. Galloway, New York ; Samuel M. 
Inman, Atlanta, Ga. ; Andrew Iselin, Jr., New York ; Samuel Spencer, New York ; Charlie 
Steele, New York ; James T. Woodward, New York ; Geo. W. Mas tin, New York. 



166 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED— State of North Caroliaa. 

MAIN LINE. 



Terminals. 



From- 



Southern Railway Company — 

State Line, Va 

Charlotte, N. C 

Salisbury, N. C 

Asheville, N. C 



To— 



Greensboro, N. C_ 

State Line, S. C 

Asheville, N, C— _ 
State Line, Tenn_ 



Miles of 

Line for 

Each 

Road 

Named. 



42.70 

11.50 

141.00 

44.50 



Miles of 
Line for 

Each 
Class of 

Roads 
Named. 



239.70 



BRANCH LINES. 



Southern Railway Company- 
Virginia State Line 

Oxford, N. C 

Greensboro, N. C 

Charlotte, N. C 

Murphy Junction, N. C— 



Total owned lines in N. C- 



Durham, N. C 

Henderson, N C_— 
Wilkesboro, N. C . 
Taylorsville, N, C. 
Murphy, N, C 



48.00 
12.75 

100.15 
65. 65 

122.40 



348.95. 



5.65. 



TRACKAGE RIGHTS. 



Wilmington and Weldon R. R.— 
Selma, N. C 


Tarboro, N. C 


54.88 
65.80 




Norfolk and Carolina R. R.— 
Tarboro, N. C _ 


Virginia State Line— 








120.68 






Total 


709.8a 











SOUTHERN RAILWAY COMPANY. 



16T 



PROPERTY OPERATED— Entire Line. 

NAME OF EVERY RAILROAD THE OPERATIONS OE WHICH ARE INCLUDED IN THE 

INCOME ACCOUNT. 



1. Railroad line represented by capital stock : 

A. Main line. 

B. Branches and spurs. 

2, Proprietary companies whose entire capital 

stock is owned by this company. 



3. Line operated under lease for specified sum. 

4. Line operated under contract, or where the 

rent is contingent upon earnings or other 
considerations. 

5. Line operated under trackage rights. 



1. Railroad Line Represented by Capital. Stock. 

2. Proprietary Companies Controlled by Ownership op Securities. 

MAIN line. 



Terminal? 



Prom- 



Alexandria, Va 

Neapolis, Va 

Charlotte, N. C 

Columbia, S. C 

Salisbury, N. C 

Bristol, Tenn 

Stevenson, Ala 

Ooltewah Junction, Tenn. 

Austell, Ga 

State Line, Ala 

Atlanta Junction, Ga 

Louisville, Ky 

Bast St. Louis, 111 

Total 



To- 



Greensboro, N. C 

West Point, Va 

Augusta, Ga 

Greenville, S. C 

Morristown, Tenn _ 
Chattanooga, Tenn. 

Memphis, Tenn 

Brunswick, Ga 

State Line, Miss .__. 

Greenville, Miss 

York, Ala 

Lexington, Ky 

New Albany, Ind.. 



Miles of 
Line 

for Each 
Road 

Named. 



280.05 
179.00 
191.00 
143.50 
231.37 
241 55 
271.80 
415.00 
260.70 
179. 10 
270.50 
80.12 
265.05 



Miles of 

Line 

for Each 

Class of 

Roads 

Named. 



3,008.74 



BRANCH LINES. 



Tuscumbia, Ala 

Moscow, Tenn 

Percy Branch— Stoneville, Miss 

Columbus Branch— M. & O. Station___ 

Webb Branch— Itta Bena, Miss 

Columbus Branch— Pass. Station-_^-__ 

Terminal to Freight House 

Alexandria, Va 

Union Street Branch 

Manassas Branch — Manassas Jct.,Va- 
Warrenton Branch— Calverton, Va.— 
Pittsville Branch— Franklin Jet., Va__ 



Florence, Ala 

Somerville, Tenn_-_ 
Percy.Miss. (N.G.). 

Columbus, Miss 

Webb, Miss 

Columbus, Miss 

Washington, D. C 

Bluemont, Va 

Alexandria, Va 

Harrisonbvirg, Va_ 

Warrenton, Va 

Pittsville, Va 



7.60 


13.10 


23.20 


1.32 


34.60 


0.65 


0.22 


54.15 


1.60 


112.89 


8.90 


7.10 



168 



N. C. CORPORATION^ COMMISSION. 



PROPERTY OPERATED— Continued. 

BRANCH lilNES. 



Terminals. 



From— 



To- 



Manchester Junction, Va 

Belle Isle Junction, Va 

Granite, Va 

Clarksville, Va 

Oxford, N. C 

Pomona, N. C 

Asheville, N, C. (Murphy Junetion)__. 

Charlotte, N. C 

Hodges, S. C 

Aiken Branch— Aiken, S. C 

Embreeville Junction, Tenn 

Rogersville Junction, Tenn 

Clinton, Tenn 

K.&O. Junction— Knoxville, Tenn-_. 

Knoxville (Tenn.) Belt 

Knoxville, Tenn 

Briceville " Y," Tenn 

Oliver Springs, Tenn 

Cleveland, Tenn 

North Rome, Ga 

Atlanta, Ga 

Howell, Ga 

Cochran, Ga 

Dock Junction, Ga 

Marion Junction, Ala 

Wilton, Ala 

Guruee Junction, Ala 

Woodlawn, Ala 

North Birmingham, Ala 

Coalburg, Ala 

Cardiff, Ala 

Jefferson, Ala 

Offerman, Ala 

American Junction, Ala 

Oakman, Ala 

Patton Junction, Ala 



Rocketts, Va 

Belle Isle, Va 

Westham Granite Quarry. 

Durham, N. C 

Henderson, N. C 

VVilkesboro, N. C 

Murphy, N. C 

Taylorsville, N. C 

Abbeville, S. C -i 

Edgefield. S. C 

Embreeville, Tenn 

Rogersville, Tenn 

Harriman Junction, Tenn 
Cumberland Gap, Tenn ___ 



Miles of 
Line 

for Each 
Road 

Named. 



Walland, Tenn 

Minersville, Tenn 

Big Mountain, Tenn 

Cohutta, Ga 

Attalla, Ala 

Fort Valley, Ga 

Belt Junction, Ga 

Hawkinsville, Ga 

Turtle River Docks,Brunswick,Ga. 

Akron, Ala 

Mobile Junction, Ala 

Blocton, Ala 

End Belt Road— Bessemer, Ala 

Coalburg, Ala 

Mines 9 and D, Ala 

Brazill Mines, Ala 

Blossburg, Ala 

Hooper Mines, Ala 

America, Ala 

Coal Valley, Ala 

Patton, Ala 



1.00 

.70 

3.00 

55.10 

12.75 

100.15 

122.40 

65.65 

11.50 

23.58 

13.00 

16.00 

30. 60 

63.56 

5.37 

26.21 

4.94 

3.26 

14.80 

61.30 

102.30 

3.80 

10.10 

1.80 

53.00 

34.00 

14.30 

20.50 

6.40 

2.60 

1.60 

1.91 

0.60 

2.20 

2.20 

1.10 



Miles of 

Line 

for Each 

Class of 

Roads 

Named. 



SOUTHERN RAILWAY COMPANY. 



169 



PEOPERXr OPERATED— Continued. 

BRANCH LINES. 



Terminals. 


Miles of 
Line 

for Each 
Road 

Named. 


Miles of 
Line 


From — 


To- 


for Each 

Class of 

Roads 

Named. 


Corona Ala 


No. 3 Mines, Ala . _. 


0.90 

3.63 

38.93 

5.23 

2.90 

2.24 

25.97 

16.74 

6.86 

1.14 

54.22 

16.15 

22.72 

.66 






Castleman, Ala _ _ 




Lula, Ga 


Athens, Ga 




Cave Springs, Ga 

Ardella, Ala 


Lopez, Ga 

Belle Ellen, Ala 

Coleanor, Ala 

Burgin, Ky 

Georgetown, Ky 

East St. Louis, 111 




Seymour, Ala 




Lawreiiceburg, Kv 




Versailles, Ky 




Venice and Caroudelet Belt 




Belleville Junction, III 


Belleville, 111 




Jasper, Iiid 


Evansville, Ind 




Rockport Junction, lad 


Rockport, Ind 




Lincoln City, Ind 


Cannelton, Ind 




Pinner's Point, Va 


Connection with Nor. & Car. R. R. 








Total 




1,356.40 











CONTROIiLED BY OWNERSHIP OF SECURITIES. 
MAIN LINE. 



Charleston, S. C 

Marion Junction, Ala. 

Knoxville, Tenn 

Cayce, S. C 

Total 



Augusta, Ga 

Mobile, Ala 

Jellico, Tenn 

Hardeeville, S. C. 



136.91 
148.55 
65.30 

128.82 



479.58 



BRANCH LINES. 



Branch ville, S. C 

Kingville, S. C 

Sumter Junction, S. C. 

Keysville, Va 

McDonough, Ga 

Biltmore, N. C 

Spartanburg, S. C 

University, N. C 

Mooresville, N. C 

High Point, N. C 



Columbia, S. C 

Camden, S. C 

Sumter, S. C 

Clarksville, Va 

Columbus, Ga 

Spartanburg Junction, S. C. 

Alston, S. C 

Chapel Hill, N. C 

Winston-Salem, N. C 

Ashboro, N. C 



67.10 


37.10 


15.81 


31.30 


97.88 


65.90 


68.00 


10.20 


53.62 


26. 80 



170 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED— Continued. 

BRANCH LINES. 



Terminals. 



From- 



Salisbury, N. C 

Toccoa, Ga 

New River Branch— Coal Creek, Tenn 
Perry, S. C 

Batesburg, S. C 

Sanford, N. C 

Ramseur Branch— Climax, N. C 

Madison Branch— Stokesdale, N. C— _ 

Buff Quarry Branch— Gulf, N. C 

Furnace Branch— Greensboro, N. C— . 
Granite Quarry Br'ch— Mt. Airy, N. C 

Ensley, Ala 

Parrish, Ala 



Total. 



To- 



Norwood, N. C 

Elberton, Ga 

Cambria, Tenn 

Sievern, S. C 

Sievern, S. C 

Mt. Airy, N. C 

Ramseur, N. C 

Madison, N. C 

Buff Quarry, N. C 

Proximity Mills, N. C 

Granite Quarry, N. C 

Near Warrior River 

Near Little Warrior River- 



Miles of 
Line 

for Kach 
Road 

Named. 



41.00 

50.60 

4 02 

7.94 

17.44 

130.95 

18.74 

11.39 

.05 

2.02 

2.02 

19.22 

9.24 



Miles of 
Line 

for Each 

Class of 
Koads 

Named. 



Lines Operated Under Lease for Specified Sums. 



North Carolina Railroad— 

Goldsboro, N. C 

Caraleigh Junction, N. C 

Atlanta and Charlotte Air Line- 
Charlotte, N. C 

Franklin and Pittsylvania Railroad — 
Pittsville, Va 

Atlantic and Danville Railway- 
Danville, Va 

James River Junction, Va 

Hitchcock Branch Junction, *Va— 

Buffalo Junction, Va 

Shoulders Hill, Va 

N. and S. C. R. R— 

Virgilina, Va 

Lockhart Railroad — 

Lockhart Junction, S. C 

Total 



Charlotte, N. C 

Caraleigh Mills, N. C . 



Atlanta, Ga 

Rocky Mount, Va 



West Norfolk, Va 

Claremount Wharf, Va. (N. G.) 

Hitchcock Mills, Va 

Buffalo Lithia Springs, Va 

Shops, Va 



Mines, N. C- 



Lockhart, S. C 



222. 44 
1.90 

268. 17 

29. 90 

205. 10 

50.36 

8.33 

3.90 

10.02 

4.45 

13.81 



SOUTHERN RAILWAY COMPANY. 



171 



PROPERTY OPERATED— Continued. 
Lines Operated Under Contract, or Where the Rent is Contingent Upon 
Earnings or Other Considerations. 



Terminals. 


Miles of 

Line 
for Each 

Road 
Named. 


Miles of 
Line for 


From— 


To— 


Each 
Class of 

Roads 
Named. 


Roswell Railroad— 

Chamblee, Ga _. _ _ 


* 
Roswell, Ga. (N. G.t ._ - 


9.80 










Total 




9.80 











6. Lines Operated Under Trackage Rights. 






Baltimore and Potomac Railroad — 








Washington, D. C . _ 


South End Long Bridge 


2.05 




Washington Southern Railroad- 








South End Long Bridge 


Alexandria, Va 


4.90 




Central of Georgia Railway — 








Peters Street _ 




67 




CentralJunction ._ 


West Broad Street, Savannah, Ga. 


3.37 




Augusta and Summerville Railroad- 








Entrance to Union Depot, Au- 




.49 




gusta, Ga. 






Georgia Railroad- 








Entrance to Union Depot, Au- 




0.25 




gusta, Ga. 






Entrance to Union Depot, At- 




0.87 




lanta, Ga. 






Western and Atlantic Railroad— 








W. and A. Crossing, Ga. . . 


Dalton, Ga _ . 


0.20 




Alabama Great Southern Railroad— 








Woodlawn, Ala 


Rirmingham A hi, 


3 60 




Birmingham, Ala 


Mobile Junction Ala 


14 00 




York, Ala- 


Meridian, Miss 


27.03 
40 




Central Passenger Station 


Louisa Street, Chattanooga, Tenn. 




Louisville and Nashville Railroad- 






Entrance to Union Depot, Bir- 




0.52 




mingham, Ala. 






L. and N. Junction 


Union Depot, Florence, Ala 


0.20 




Cumberland Gap, Tenn __ 




4.41 




Lipscomb Street . _ _ 


Passenger Station, Mobile, Ala 


0.75 




Norfolk and Carolina Railroad — 






Tarboro, N. C __ . _ 


Pinner's Point, Va 


99.50 




Wilmington and Weldon Railroad— 






Selma, N. C 


Tarboro, N. C 


54.88 





N. C. CORPORATION COMMISSION. 



PROPERTY OPERA.TED— Continued. 

5. Lines Operated Under Trackage Rights. 



Terminals. 


Miles of 

Line for 

Each 

Road 

Named. 


Miles of 
Line for 


From— 


To— 


Each 
Class of 
Roa.ds 
Named, 


Atlantic Coast Line — 








Entrance to Sumter Depot, Sum- 




0.35 




mer, S.C. 






Nashville, Chattanooga and St. Louis 
Railway- 








King Street 


Louisa Street, Chattanooga, Tenn_ 
Stevenson, Ala 


60 




Louisa Street, Chattanooga, Tenn_ 
Chai'leston and Savannah Railway — 


38.00 










Hardeeville, S. C 




23.30 




Plant System — 






Four-mile Crossing to Union Sta- 
tion. 
St. Louis Terminal R. R. Association— 




2.94 








St. Louis, Mo _ __ _ 


East St. Louis, 111 


3.18 




East St. Louis and Cairo Railroad— 






Relay Junction 


Broadway, East St. Louis 


.10 




Jacksonville and St. Louis Railway- 








Through Centralia, 111 




1.80 




Baltimore and Ohio Southwestern 




.06 




Railroad, New Albany, Ind. 






Illinois Central Railroad— 








11th Street 


7th Street Station, Louisville, Ky__ 


.-50 
.33 




Entrance to Calhoun Street Sta- 




tion, Memphis, Tenn. 






Kentucky and Indiana Bridge and 
Railroad— 








Vincennes St., New Albany, Ind__ 
Louisville, Ky 


11th Street Louisville, Ky 


3.00 






6.90 




Savannah Union Station Company- 










Union Depot, Savannah, Ga 


5.52 








Total 




304.67 












6,765.91 






• 





SOUTHERN RAILWAY COMPANY. 



173 



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N. C. CORPORATION COMMISSION. 



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SOUTHERN RAILWAY COMPANY. 



175 






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176 



N. C. CORPORATION COMMISSION. 



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SOUTHERN RAILWAY COMPANY. 



177 



EECAPITULATION OF FUNDED DEBT. 



Class of Debt. 



Mortgage bonds 

Miscellaneous obligations 

Equipnaent trust obligations 
Total 



Amount 
Issued. 



Amount 
Outstanding. 



S132, 



,000.00 $131,471,900.00 



5,450,000.00 



137, 



,000.00 138 



2,240,000.00 
5,097,097.64 



, 997. 64 



Interest. 



Amount Ac- 
crued Dur- 
ing Year. 



$6,110,875.01 

138, 416. 67 

128,820.74 

6,378,112.42 



Amount 

Paid During 

Year. 



$6,071,967.50 
158,300.00 
136,500.00 



3,767.50 





CAPITAL STOCK. 








Description. 


Number of 

Shares. 
Authorized. 


Par 

Value of 
Shares. 


Total Par 

Value 

Authorized. 


Tota^ 
Amount 
Issued and 
Outstand- 
ing. 


Dividends Declared 
During Year. 




Rate. 


Amount. 


Capital stock— Common __ 
Preferred.- 


1,200,000 
600,000 


$100.00 
100.00 


$120,000,000 
60,000,000 


$120,000,000 
60,000,000 






2)^pr.ct 


$1,500,000 


Total - 


1,800,000 




180,000,000 


180,000,000 















Manner of Payment for Capital Stock. 



Issued for organization— Common 

Preferred 

Issued for acquisition of stock of A. G. Southern Railway Co. Line (preferred) 

Issued for purchase of Memphis and Charleston properly (preferred) 

Issued for purchase of stock of South Carolina and Georgia R. R. (preferred).. 
Total 



Total 

Number 

Shares Issued 

and 
Outstanding. 



$1,200,000 

500,000 

43,000 

29,904 

27,096 



1,800,000 



12 



178 



N. C. CORPORATION COMMISSION. 



RECAPITULATION. 
A. FOR MILEAGE OWNED. 



Account. 


Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Miles. 


Amount. 


Capital stock 

Bonds 

Equipment trust obligations 


$180,000,000.00 

131,471,900.00 

5,097,097.64 


$180,000,000.00 

131,471,900.00 

5,097,097.64 


^5,107.81 
5, 107. 81 
5,107.81 


$35,240.00 

25,739.00 

998.00 


Total 


316,568,997.64 


316,568, 997. 64 • 


5, 107 81 


61,977.00 



In considering these computations of the amount of stock and bonds per mile of road owned 
it should be borne in mind that aside from the railroads owned by the Southern Railway Com- 
pany in fee, it owns a large amount of securities of other railroad companies, and its stock and 
bonds were issued to a large extent for the purcliase of such securities. 



B. FOR MILEAGE OPERATED (Trackage Rights Excluded), THE OPERATIONS OF 
WHICH ARE INCLUDED IN THE INCOME ACCOUNT. 



Name of Road. 


Capital Stock. 


Funded Debt. 


Total. 


Amount Per Mile 
of Line. 










Miles. 


Amount. 




$180,000,000.00 
5,000,000.00 


$131,471,900.00 


$311,471,900.00 


5, 098. 41 


$61 , 092. 00 


South Carolina and Ga. R. R. 


5,250,000.00 


10,250,000.00 


241. 11 


42,512.00 


Sumter and Wat. Riv. R. R. 


6,000.00 


100,000.00 


106,000.00 


15.81 


6,705.00 


Mobile and Birmingham R.R 


1,800,000.00 


1,800,000.00 


3,600,000.00 


148.55 


24,234.00 


Richmond and M. R. R 


357,900.00 


315,000.00 


672, 900. 00 


31.30 


21,498.00 


Georgia Midland R. R 


1,000,000.00 


1,650,000.00 


2,650,000.00 


97.88 


27,074.00 




4,000,000.00 
1,70(1,000.00 




4,000,000.00 


224. 34 


17, 830. 00 


A and C Air Line 


5,500,000.00 


7,200,000.00 


2()8. 17 


26,849.00 


Franklin and P. R.R 


200,000.00 


100,000.00 


300,000.00 


29.90 


10,033.00 


Atlantic and Danville R. R .. 


5,279,200.00 


1,238,000.00 


6,517,200.00 


282. 16 


23,10L00 


T.opkhart R R 








13. 81 




Roswell R. R -- — - 


40,000.00 


35,000.00 


75,000.00 


9.80 


7,653.00 






Grand total 


199,383,100.00 


147,459,900.00 


346,843,000.00 


6, 461. 24 


53,681.00 



In considering the amount of capital stock and funded debt per mile of road operated, shown 
in table above, the capital stock and the first consolidated mortgage bonds of the Southern Rail- 
way cover not only the mileage of certain roads owned and operated in the Southern Railway 
System, but also cover, through ownership of securities and through collateral ti usts, large 
interests in other lines of railroad under other properties not operated as a part of the Southern 
Railway System, and not shown above. 



SOUTHERN RAILWAY COMPANY. 



179 



CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS. 



Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Net trafflc balances due from other companies 

Total— cash and current assets 

Total 

CURRENT LIABILITIES. 

Audited vouchers and accounts 

Wages and salaries 

Matured interest coupons unpaid (including coupons due July 1) 

Rents due July 1 

Total— current liabilities 

Balance— cash assets 

Total ^ 

Materials and supplies on hand, $2,134,278.54 



Amount. 



$3,980,392.71 

88,860.43 

766,769.61 

1,111,832.18 



126,936.28 


6,074,791.21 


6,074,791.21 



2,589,704.89 

1,310,644.85 

1,980,932.41 

166,867.43 



6,048,149.58 
26, 641. 63 



6,074,791.21 



RENTALS PAID. 

RENTS PAID FOR LEASE OF ROAD. 



Interest on 
Name of Road. Bonds 

Guaranteed. 


Dividends 

on Stock 

Guaranteed. 


Cash. 


Total. 


Georgia Midland Railway $49,500.00 

Atlanta and Charlotte Air Line 347,500.00 

Charlottesville and Rapidan Railroad ' 






$49,500.00 
470,500.00 
35,300.00 
276,000.00 
262,500.00 
5,000.00 
105 000.00 


$119,000.00 


$4,000.00 

35,300.00 

276,000.00 


North Carolina Railroad 




1 
South Carolina and Georgia Railroad 262, 500. 00 

Sumter and Wateree River Railroad ' 5. 000. 00 








Mobile and Birmingham Railroad 


78,000.00 


27,000.00 




Atlantic and Danville 


157,000.00 
1,050.00 


157, 000. 00 


Athens Belt Line 






1,050.00 
12, 600. 00 

69 799 80 


Richmond and Mecklenburg Railroad 


12,600.00 




Wilmington and Weldon and Northern and 
Carolina Railroads 




69,799.80 

8,001.68 

999.96 


Charleston and Savannah Railroad 






8 001.68 


Central of Georgia Railway 






999. 96 










Total rents — A 


755,100.00 


146,000.00 


552,154.44 


1,453,251.44 





180 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT— Entire Line. 





$37,701,673.19 
25,625,444.11 




















Income from operation 




$12,076,229.08 


Dividends on stocks owned 


297,390.17 
393,264.65 
133,854.17 






















Income from otlier sources _ . 




824,508.99 














Total income 


12,900,738,07 


Deductions from Income— 

Interest on 'funded debt accrued 


6,378,112.42 

138,926.76 
1,453,251.44 
1,210,817.85 

118,732.13 


Interest on interestr-bearing current liabilities accrued, not oth- 
erwise provided for 




Rents paid for lease of road 




Taxes 




Other deductions 














9,299,840.60 


Total deductions from income 








3,600,897.47 


Dividends 2)^ per cent preferred stock 










1,500,000.00 












1,500,000.00 


Total 




Surplus from operations of year ending June 80, 1902. 
Surplus on June 30, 1901 [from "General Balance 






2,100,897.47 


Sheet," 1901 




4,637,253.71 


6,738,151.18 
227,256.30 








General Bala 


nee Sheet"] — 




Surplus on June 30, 1902 [for entry on ' 


6,510,894.88 







OPERATING EXPENSES 



Item. 



Recapitulation of Operating Expenses— 

Maintenance of way and siructures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Caroi^tna (Owned Lines)- 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes— war revenue, $3,290.80; other, $114,440 18 

Total 

Percentage of expenses to earnings— North Carolina . 



Amount. 



$5,767,149.65 
5,652,919.19 

12,929,498.44 
1,275,876.83 



25,625,444.11 
67.97 



689,976.85 
540,822.14 
978,758.95 
115,711.29 
117,730.98 



I 2,443.000.21 
J 65.29 



SOUTHERN RAILWAY COMPANY. 



181 



EARNIN&S FROM OPERATION— State of North Carolina. 
OWNED LINES. 



Item. 



Passenger— 

Passenger revenue . 
Less repayments- 



Tickets redeemed, excess fares refunded and 
other repayments 



Total 
Receipts. 



$752,758.69 



Total deductions 

Total passenger revenue. 

Mail 

Express 

Extra baggage and storage_--- 

Other items 

Total passenger earnings 
Freight — 

Freight revenue 



Less repayments— overcharge to shippers,and 
other repayments 



,825,863.74 



Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation— 

Switching charges— balance 

Hire of equipment— balance 

Telegraph companies 

Rents from tracks, yards, and terminals 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings from operation— N.C. 

Total gross earnings from operation— en- 
tire line :. 



Deductions, 

Account of 

Repayments, 

Etc. 



$2,156.03 



2,156.03 



56,508.45 



56,508.45 



Actual 
Earnings. 



1750,602.66 

128,638.82 

62,853.25 

12,985.38 

1,431.97 



956,512.08 



2,769,355.29 



2,769,355.29 



3,725,867.37 

2,585.07 

5,350.61 

2.24 

240.00 

837.77 

6,884.95 



15,900.64 



3,741,768.01 



37,706,673.19 



RESTALS RECEIVED. 




Lease of tracks at Hickory, N. C, to C. and N. W. R. R 


$120. 00 


Lease of tracks at Newton, N. C, to C. and N. W. R. R 


120.00 






Total rents received . . ._ _ _ 


240.00 







182 



N. C. CORPORATION COMMISSION. 



COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 
During Year 
Charged to 
Construction 
or Equip- 
ment. 


Total Cost to 
June 30, 1901. 


Total Cost to 
June 30, 1902. 


Cost Per 
Mile. 


Construction— 

Engineering 


$5,512.31 
110,472.77 
159,457.46 
346,972.68 








Real estate ._ 








New sidings 








Reduction grades and curves- 








Telegraph lines __. _ 


1,010.67 
90,742.58 

1,964.87 
99,463.99 
18,927.68 

4,057.35 








Shopsr oundhouses and turntables 








Knoxvllle and Augusta Extension 








Littleton Extension _- . . 








Reynolds Spur Extension. 








Little Cahaba Branch 


1 












838,582.36 


$263,608,278.65 $264,417,499.67 | $51,862.74 




Equipment— 


68,515.34 

336,666.65 

9,000.00 




• 




Freight cars. 








Floating equipment 
















Total equipment 


414,181.99 
838,582.36 


14,598,306.18 

263,608,278.65 


15,014,163.47 
264.417,499.67 


2,944.87 
51,862.74 


Total construction 




Grand total cost construction, 
equipment, etc 


1,252,764.35 


278,206,584.83 


279,431,663.14 


54,807.61 



No basis for division as to State of North Carolina. 

STOCKS OWNED. 

A. RAILWAY STOCKS. 



Name. 


Par Value. 


Dividend 
Received. 


Valuation. 


I. 

Alabama Great Southern Rwy.Co., Limited— Class A ._ 

Atabama Great Southern Rwy.Co., Limited— Class B ._ 
Knoxville and Ohio R. R. Co __ . 


$1,725,000.00 

4,605,550.00 

1,118,300.00 

1,000,000.00 

1,000,000.00 

1,047,981.83 

50,000.00 

11,100.00 

25,000.00 

368,600.00 

50,200.00 

90,250.00 


l$158,008.99 




















Asheville and Spartanburg R R Co 






Augusta and Summerville R. R. Co 






C. N. 0. and T. P. Railway Co 








999. 99 








Danville Mocksville and S W R R Co 






Elberton Air-Line R.R.Co 







SOUTHERN RAILWAY COMPANY. 



183 



STOCKS OWNED— Continued. 
A. RAILWAY BONDS. 



Name. 



Georgia Midland Railway Co 

Hartwell Railway Co 

High Point, Randleman, Ashboro and Southern R. R-_ 

Lawrenceville Branch R. R. Co 

Mobile and Birmingham R.R. Co— common 

Mobile and Birmingham R.R. Co— preferred 

North Carolina Midland R.R. Co 

Northern Alabama Railway Co 

Richmond and Mecklenburg R.R. Co 

South Carolina and Georgia R. R. Co 

State University R.R. Co 

Spartanburg, Union and Columbia R.R 

Southern Railway Co. in Illinois 

Yadkin Railroad Co 

Carolina Midland Railway Co 

Sievern and Knoxville R.R. Co 

Ensley Southern Railway Co 

Mobile and Ohio R.R. Co 

Blue Ridge Railway Co 

Virginia, Seaboard and Western Railway Co 

Villa Rica Branch Railway Co 

Copper Range Southern Railway Co 

E. St. Louis, Madison and Granite C. R. R 

Total 

IL 
Miscellaneous securities in treasury unpledged 

Total I and II 

B. I. 

Chesapeake Steamship Co. stock 

Chesapeake Steamship Co. certificate of indebtedness.— 

Bast Tennessee Telegraph Co. stock 

South westei-n Construction Co 

Miscellaneous 

Total 

II. 
Miscellaneous securities in treasury unpledged 

Total I and II 

Grand total 



Par Value. 



$1,000, 

20, 

212, 



25, 

787, 

1,513, 

300, 

3, 621, 

16, 

1,000, 

3,000, 

462, 

582, 

140, 

200, 

4,932, 

100, 

100, 

30, 

10, 

50, 



30,027,006.83 



4,175,600.00 



Dividend 
Received. 



$1,000.00 



307. .50 



Valuation. 



652.00 



34,202,606. 



400,000.00 

250,000.00 

1,750.00 

16,600.00 

1,214,037.66 



1,882,387.65 



2,102,396. 



3,984,784.01 



38,187,390.84 



160,968.48 



107,589.57 



268,558.05 



100.80 



16,131.32 



16,232.12 



12,600.00 



28, 832. 12 



297,390.1: 



$16,128,003.64 



1,207,386.16 



17,335. 



L><11,970.99 

1,()56,784.92 
3.468,755.91 



20,804,145.71 



18i 



N. C. CORPORATION COMMISSION. 



BONDS OWNED. 
A. RAILWAY BONDS. 



Name. 



I. 
Alabama Central R. R. incorp. bonds and scrip-. 

Danville and Western Railway Co 

Elberton Air Line R. R. Co 

High Point, Randleman,Ashboro and Southern R.R 

North Carolina Midland R.R. Co 

Piedmont R.R. Co 

Piedmont R. R. Co 

Southern Railway Co. in Kentucky 

Southern Railway Co. in Mississippi 

Western North Carolina R.R. Co 

Washington, Ohio and Western R. R. Co 

Yadkin Railroad Co 

Blue Ridge Railway Co 

Franklin and Pittsylvania R.R. Co 

Hartwell Railway Co 

Lawreneeville Branch R.R. Co 

United States Government bonds 



Par Value. 



Southern Railway Co.,Memphi 
mortgage 



Division, second 



Northern Alabama Railway, prior lien 

Northern Alabama Railway, general lien 

Carolina Midland Railway, first mortgage 

Blackville, Alston and Newberry Railway 

Memphis and Charleston Railway 

Mobile and Ohio R. R., general mortgage 

Total 

II. 
Miscellaneous securities in treasury unpledged. 
III. 



$1,355,275.00 

1,051,000.00 

150,000.00 

402,000.00 

801,000.00 

500,000.00 

500,000.00 

3,000,000.00 

200,000.00 

1,325,000.00 

225,000.00 

615,000.00 

100,000.00 

74,500.00 

20,000.00 

30,000.00 

170,000.00 

1,500,000.00 
307,000.00 
982,000.00 
871,000.00 
140,S00.00 
900,000.00 

7,949,500.00 



23,168.775.00 



562,300.00 



Southern Railway Co. consolidated mortgage 5 per 
cent bonds in treasury 



Total I, II and III 

B. II. 
Miscellaneous securities in treasury unpledged- 
Grand total 



2,535,000.00 



Rate, 

Per 

Cent. 



26,266,075.00 



441,533.33^ 



26,707,608.333^ 



Interest 
Received. 



$5,000.00 



1,000.00 



Valuation. 



5, 100. 00 



15,350.00 
29,460.00 



316, 826. 67 



372,736.67 $19,051,559.42 



20,347.38 ; 504,828.25 



2,535,000.00 



393,084.05 | 22,091,387.67 



180.60 186,716.65 



,264.65 22,278,104.32 



I 



SOUTHERN RAILWAY COMPANY 



185 



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186 



N. C. CORPORATION COMMISSION. 



8 8 g? 8 8 


8 8 


$20 

650 

3,267 

20,504 

150 


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SOUTHERN RAILWAY COMPANY. 



187 



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188 



N. C. CORPORATION COMMISSION. 



RECAPITULATION RENTALS PAID. 

Total rents for tracks 

Total rents for terminals 

Grand total rents 



$231,133.75 
99,163.87 



330,297.62 



EMPLOYEES AND SALARIES— State of North Carolina. 
ALL LINES OPERATED IN NORTH CAROLINA. 



Class. 


Number. 


Total 
Number 
of Days 
Worked. 


Total 
Yearly Com- 
pensation. 


Average 
Daily 

Compen- 
sation. 


Officers __ 


99 
189 
587 
180 
217 
121 
316 
91 
321 

. 261 
190 

1,211 
169 
148 
423 


29,827 
68,750 

161,581 
54,545 
63, 966 
41,345 

105,000 
32,064 
87,435 
91,454 
63,360 

292,431 
57, 135 
52,636 

148,752 


S86,707.68 

89,337.66 

179,559.91 

241,096.40 

117,750.72 

128,263.81 

152,469.74 

92,865.36 

133,135.44 

121,119.72 

82,792.44 

220,075.72 

89,809.65 

84,472.53 

153,536.12 


$2 91 


Station agents 


1 30 




1.11 




4.42 


Firemen ._. . 


1.84 


Conductors. _ __ 


3.10 


Other trainmen . _ . . 


1.45 


Machinists . _. 


2.90 


Carpenters __ . ._ _ . 


1.53 


Other shopmen _ _ 


1.32 


SecHll^n foremen 


1.31 


Other trackmen 


.75 


Switchmen, tlagmen, and watchmen 


1.57 


Telegraph operators and dispatchers 


1.60 


All other employees and laborers 


1.03 






Total [including "General Officers "j—N.C 


4,523 


1,350,281 


1,972,992.90 


1.46 


Total [excluding "General Officers'"]— N.C 


4,523 1 1,350,281 


1,972,992.90 


1.46 


Distribution of Above— 

General administration _ . 


99 

1,638 

589 

2,197 


29,827 
420,411 
198,389 
701,654 


86, 707. 68 

383,102.92 

342,900.05 

1,160,282.25 


2.91 


Maintenance of way and structures _ 


.91 


Maintenance of equipment 


1.73 


Conducting transportation 


1.65 






Total [including "General Officers"]— N.C- 


4,523 


1,350,281 


1,972,992.90 


1.46 


Total [excluding "General Officers"]- N.C. 

Total [including "General Officers "1— en- 
tire line. _ 


4,523 

28, 626 


1,350,281 
8,817,460 


1,972,992.90 
13,924,757.35 


1.46 
1.58 







SOUTHERN RAILWAY COMPANY. 



189 



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190 



C. CORPORATION COMMISSION. 



COMPARATIVE GENERAL BALANCE SHEET— Continued. 



June 30, 1901. 


T.IABIT.ITIES. 


June 30, 1902 


Year Ending June 30, 1902. 


Total. 


Total. Increase. 


Decrease. - 


$180,000,000.00 

4,896,900.00 

132,899,569.69 

5, 156, 048. 51 


Capital fetock 


$180,000,000.00 
4, 932, 600, 00 






Mobile and Ohio Stocli Trust Cert___ 
Funded debt . __ _ 


ffiS5. 700 on 




136,568,997.64 3,669,427.95 
6,048,149.58 892,101.07 

776, 711. 49 29_ 873. 33 




Current liabilities. _ . __ 




746, 838. 16 

356,070.82 

2,043,315.84 

3,640.00 

25,552,200.00 

39,960.44 

1,200,000.00 

107,000.00 
75,000.00 

50,000.00 
4,637,253.71 


Accrued interest on funded debt and 
accrued rentals not yet payable ___ 

Taxes accrued and not due 

Reserve accounts 




439,960.79 

1,433,569.17 

3 640 00 


83,889.97 


$609,746.67 


Equipment sundry roads 




Outstanding securities of leasehold 
estates _ . _ 


25,140,000.00 
121,629.30 




412,200.00 


Sundry accounts _ 


81,668.86 


Reserved for dividends 


1,200,000.00 


Unpaid balance purchase price of 
N. E. R. R. of Georgia 

Unpaid balance on real estate 

Reserved to pay Venice and Caron- 


107,000.00 
50,000.00 






25,000.00 




50,000.00 




6,510,894.88 


1,873,641.17 


Grand total _ — _ 




357,763,797.17 


362,133,152.85 


4,369,355.68 









SOUTHERN RAILWAY COMPANY. 



191 



TRAFFIC AND MILEAGE STATISTICS- State of North Carolina. 
OWNED LINES. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles.. 

Total passenger revenue 

Average amount received from each passenger.... 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

^Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles.. 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars per train mile 

Average number of passengers per train mile 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars— north or east 



Number 
Passengers, 

Tonnage, 

and 

Car Mileage. 



816,971 
31,252,764 
44,060 
38.45 



Columns for Revenue 
and Rates. 



Dollars . 



750, 602 



956,512 

1,348 

1 



2,893,101 
283,101,783 
399, 112 
97.85 



2,769,355 



4,161,143 

4.85 

36 

14,951,767 

8,614,754 

1,082,479 



2,769,355 

3,904 

2 

3,741,768 

5,275 

1 

2,325,269 

3,278 
1 



Cents 



Mills. 



192 



N. C. CORPOKATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— State of North Carolina— Continued. 



Item. 



Car Mileage, Etc.— Continued. 

Mileage of enapty freight cars— south or west 

Average number of freight cars per ti'ain mile 

Average number of loaded cars per train mile 

Average number of empty cars per train mile 

Average number of tons of freight per train mile 

Average number of tons of freight per loaded car miile. 
Average mileage operated during year 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



,986,838 

23.22 

17.30 

5.92 

207.84 

12.01 



Columns for Revenue 
and Rates. 



Dollars. ' Cents Mills. 



TRAFFIC AND MILEAGE STATISTICS— Entire Line. 



Passenger Traffic— ! 

Number of passengers carried earning revenue 8,611,069 

Number of passengers carried one mile i 427,841,247 

Number of passengers carried one mile per mile of road^ 63, 444 

Average distance cai*ried miles-_l 49. 

Total passenger revenue ! 

Average amount received from each passenger 1 

Average receipts per passenger per mile 

Total passenger earnings j 

Passenger earnings per mile of road ! 

Passenger earnings per train mile ; 

Freight Traffic— 

Number of tons carried of freight earning revenue i 16,811,538 

Number of tons carried one mile 2,678,308,627 

Number of tons carried one mile per mile of road 397,162 



Average distance haul of one ton miles. 



159.31 



Total freight revenue 

Average amount received for each ton of freight- 
Average receipts per ton per mile 

Total freight earnings 

Freight eai'nings per mile of road. 

Freight earnings per train mile 

Total, Traffic— 

Gross earnings from operation 

Gross earnings from operation per train mile 



9,601,360 

1 



12,230,205 
1,813 

i! 



24,942,459 

1 



24,942,459 

1 

37,701,673 
1 



500 

244 



208 



36.5 
931 



143 



SOUTHERN RAILWAY COMPANY. 



193 



TRAFFIC AND MILEAGE STATISTICS— Entire Line— Continued. 



Item. 



Total Traffic— Continued. 

Operating expenses 

♦Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation . 

Income from operation per mile of road 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars per train mile 

Average number of passengers per train mile 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars — south or west 

Average number of freight cars per train mile 

Average number of loaded cars per train mile 

Average number of empty cars per train mile 

Average number of tons of freight per train mile 

Average number of tons of freight per loaded car mile. 
Average mileage operated during the year 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



59,319,103 

5.05 
36 
107,35.5,799 
90, 256, 256 
28,236,221 
42,586,245 

19.57 
14.41 
5.16 
195.31 
13.55 
6,743.61 



Revenue and Rates. 



Dollars. 
25,625,444 

3,799 

1 

12,076,229 

1,790 



Cents'Mills. 
11 
96 
00 691 



13 



194 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT— State of North Carolina. 
ALL LINES OPERATED IN NORTH CAROLINA. 



Commodity. 

Products of Agriculture— 

Grain 

Flour 

Other mill products 

Hay 

Tobacco 

Cotton 

Fruit and vegetables _ 

Melons 

Cotton seed 

Cotton-seed meal, cake, hulls, and oiL 

Products of Animals— 

Live stock 

Dressed meats 

Other packing-house products 

Poultry, game and fish 

Wool 

Hides and leather_„ 

Products of Mines— 

Marble 

Anthracite coal 

Bituminous coal 

Coke 

Ores 

Stone, sand and other like articles 

Barytes, kaolin, and talc 

Products of Forest— 

Lumber and logs 

Charcoal 

Shingles, staves, and headings 

Manufactures— 

Petroleum and other oils 

Sugar and molasses 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 



Total 
Freight Tonnage. 


Whole Tons. 


Per Ceni. 


92,622 


2.63 


90,787 


2.58 


44,712 


f.27 


14,668 


.42 


31,220 


.89 


144,845 


4.11 


64,792 


1.84 


14, 181 


.40 


12,936 


.37 


49,549 


1.41 


15,789 


.45 


1,034 


.03 


29,485 


.84 


3,033 


.09 


2,658 


.07 


13,887 


.39 


9,512 


.27 


9,025 


.26 


774,718 


21.98 


5,719 


.16 


33,261 


.94 


52,534 


1.49 


29,776 


.84 


691,453 


19.62 


3,496 


.10 


16,052 


.46 


13,556 


.38 


13,057 


.37 


5,098 


.14 


109,041 


3.09 


139,301 


3.95 


21, m 


.61 


44,543 


1.26 



SOUTHERN RAILWAY COMPANY. 



195 



FREIGHT TRAFFIC MOVEMENT— North Carolina— Continued. 



Commodity. 



Manufactures— Continued. 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

"Wines, liquors and beers 

Household goods and furniture 

Manufactured tobacco 

Fertilizers 

Merchandise— 

Merchandise 

Cotton factory products 

Cotton bagging and ties 

Miscellaneous— 

Other commodities not mentioned above. 

Total tonnage— North Carolina 

Total tonnage— entire line 



Total 
Freight Tonnage. 



Whole Tons. 
52,015 
92, 628 
7,470 
7,381 
12,509 
26, 451 
24, 925 

366,712 

181,743 

2,998 

151,950 



Per 



3,524,585 



Cent. 
1.48 
2.63 
.21 
.21 
.35 
.75 
.71 

10.40 
5.16 



4.31 



100.00 



16,811,538 



TAXES AND ASSESSMENTS OF ALL KINDS. 

FOR REPORTING COMPANIES OWNED AND PROPRIETARY LINES. 





Ad Valorem 

Tax on the 

Value of Real 

and Personal 

Property. 


Specific Tax. 


On 
Property 
Owned, 
not Used 
in Opera- 
tion, and 
Miscella- 
neous. 


Internal 
Revenue 
U.S. Gov- 
ernment. 




State or Territory. 


On Gross 

or Net 
Earnings, 
Revenue, 
or Divi- 
dends. 


On Traffic 
or some 
Physical 
Quality 
of Prop- 
erty Op- 
erated 
or on 
Privilege. 


Total. 


District of Columbia 


$3,960.47 

133, 129. 13 

208,764.81 

180,200.02 

132,076.46 

176,259.81 

39,980.73 

141,095.31 

28,439.21 

55,607.35 

32,281.90 










$3,960.47 
147 170 35 


Virginia- . _. _ 


$5,743.57 
5,301.07 


$416.50 

100.00 

2,315.00 


$1,019.50 

482.11 

5,060.31 


$6,861.65 
7,953.39 
5,116.50 
4,645.24 
4,528.51 

821.48 
5,233.70 
2,021.43 
1,308.93 

819. 70 


North Carolina 


222,601.38 

192,691.83 

136,721.70 

186,325.43 

47,099.84 

150,849.01 

32,379.96 

56,916.28 

34,101.60 






Alabama. 




2,478.75 
6,297.63 
4,520.00 


3,058.36 


Mississippi 




Tennessee 






Kentuckv 




1,919.32 


Indiana _ 






Illinois 


















Total 


1,132,795.20 1 11.044.64 


16,127.88 


11,539.60 ! ,39. 310. ,53 


1,210,817.85 










' 



196 



N. C. CORPORATION COMMISSION. 
DESCRIPTION OP EaUIPMENT. 





No. 

Added 
Dur- 
ing 

Year. 


Total 

No. 

at End 

of 

Year. 


Equipment Fitted 
With Train Brake. 


Equipment Fitted with 
Automatic Coupler. 


Item. 


No. 


Name. 


No. 


Name. 


Locomotives Owned & Leased 
Passenger _ 


10 
25 


259 

598 

73 


259 

598 

72 


Westingh'se. 
do 


259 

598 

73 


M. C. B. stand 


Freight 


Do. 


Switching 


do 


Do. 


















.__.do 

do 






Total locomotives in ser- 
vice. 

Less locomotives leased 


35 

35 


937 
168 


929 
168 


930 
168 


Do. 
Do. 




do 








769 


761 


762 


Do. 




Westingh'se- 
do 




Cars Owned and Leased— 
In Passenger Service : 
First-class cars 


30 


320 

107 

116 

13 

226 


318 

103 

■ 112 

13 

226 


318 
;.03 
112 
13 
226 


M.C.B. stand 


Second-class cars 


Do. 




7 


do 


Do. 


Dining cars _ _ _ 


do 


Do. 


Bag., express and postal cars. 


6 
43 

1,681 

101 

150 

1,0,65 

50 

50 


do 

.do- 


Do. 


Total _ __ - 


782 

16,871 

2,965 

761 

13,263 
201 
180 


772 

15,365 

2,249 

667 

11,859 
201 
180 


772 

16,830 

2,879 

761 

13,263 
201 
180 


Do. 


In Freight Service- 
Box cars 


do 


Do. 


Flat cars 


do 


Do. 


Stock cars 


do 


Do. 


Coal cars 


do 


Do. 




do . 


Do. 


Other cars in freight service- 


_do 


Do. 


___do 




Total _ _ 


3,097 
1 


34,241 

18 
107 
441 

602 

8 


30,521 

18 
57 
38 
58 
8 


34, 114 

18 

107 

440 

600 

8 

1,173 


Df). 


In Company's Servicb— 

Officers' and pay cars 

Derrick cars and tools 


do 


Do. 


do 


Do. 


Caboose cars 


10 

1 


do 


Do. 


Other road cars 


____do 


Do. 




._ do -_ ._ . 


Do. 






_ .do 




Total _ _ 


12 


1,176 


178 


Do. 




do 




Total cars in service 


3, 128 
3,083 


36, 199 
9,836 


31,471 
9,795 


36,059 
9,836 


Do. 


Less cars leased 


-—do 

do 


Do. 


Total cars owned 


45 


26,363 


21,676 


26, 225 


Do. 









SOUTHERN RAILWAY COMPANY. 



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198 



N. C. CORPORATION COMMISSION. 



MILEAGE— Continued. 
MILEAGE OF LINE OWNED BY STATES (Single Track). 



State or Territory. 



District of Columbia 

Virginia 

North Carolina 

South Carolina 

Georgia 

Alabama .___ 

Mississippi 

Tennessee 

Kentucky 

Indiana 

Illinois 



Total mileage owned (sin- 
gle track) 



Line Represented by 
Capital Stock. 



Main 
Line. 



416.35 
239.70 
322.20 

478.80 
612. 46 
213.20 
382. 87 
80.12 
116.27 
146.77 



Branches 
and 

Spurs. 



.22 
206.50 
348.95 

35.08 
182. 86 
198.07 

59.77 
188.54 

42.71 

95.10 
8.00 



3,008.74 



1,365.80 



Total 
Mileage 
Owned. 



.22 
622.85 
588.65 
357. 28 
661. 66 
810.53 
272.97 
571.41 
122.83 
211.37 
154.77 



4,374.54 



New 
Line Con- 
structed 
During 
Year. 



29.48 



13.18 



42.66 



Rails. 



Iron. 



n.6S 
27.15 



.58 

3.37 

22.94 

11.56 



77.28 



Steel. 



.22 
611. 17 
561.50 
357.28 
661.08 
807. 16 
250.03 
559. 85 
122.83 
211.37 
154.77 



4,297.26 



CAR MILEAGE. 



Name of Owner, 



Acme Brewing Co 

American Cotton Oil Co 

American Live Stock Transportation Co _ 
American Refrigerator Transportation Co 

American Cereal Company Despatch 

American Fast Freight Line 

American Car Co 

Anglo-American Refrigerator Car Co 

Arms Palace Horse Car Co 

Armour Car Lines 

Alabama Cotton Oil Co 

Atlantic Cotton Oil Co 

Anaerican Tank Line 

Arbuckles' Ariosa Despatch 

American Oil Works 

Barney & Smith Car Co 

Brill Company, J. G 

Burton Stock Car Co 

Big Creek Lumber Co 



Description. 



Refrigerator 

Tank 

Stock 

Refrigerator 

Box 

Box 

Box 

Refrigerator 

Stock 

Refrigerator and stock 

Tank 

Tank 

Tank 

Box 

Tank 

Flat 

Flat 

Stock 

Flat 



Rate. 


Amount. 


M 


$85.28 


% 


4,406.70 


6-10 


99.58 


% 


1,001.18 


6-10 


.61 


y. 


104.92 


6-10 


53.09 


y 


373.06 


6-10 


468.63 


% 


32,907.52 


V. 


62.09 


% 


136.62 


% 


176.82 


6-10 


227.03 


% 


4.13 


% 


610.05 


6-10 


8.73 


6-10 


195.39 


6-10 


3.74 



SOUTHERN RAILWAY COMPANY. 



199 



CAR MILEAGE— Continued. 



Name of Owner. 



Buckeye Transportation Co 

Booth & Company, A 

Blue Line 

Canda Cattle Car Co 

Central Equipment Co 

Charlotte Oil and Fertilizer Co 

Chicago Refrigerator Car Co 

Chicago, New York and Boston Refrig. Car Co. 

Cleveland Provision Co 

Cold Blast Transportation Co 

Commerce Despatch Line 

Consolidated Cattle Car Co 

Continental Fruit Express 

Craig Oil Co 

Cudahy Milwaukee Refrigerator Line 

Cudahy Refrigerator Line 

Columbia Chemical Co 

Cedar Rapids Refrigerator Express 

Crystal Oil Works 

Chicago and Central Ohio Coal Co 

Columbia Refining and Manufacturing Co 

Canfield Cotton Oil Co 

Cudahy & Company, John 

Chatham Coal and Iron Co 

Crocker Chair Co 

Dairy Dealers Despatch 

Dold Packing Company, Jacob 

Dairy Shippers Despatch., 

Deering Harvester Co 

Eagle Cotton Oil Co 

Empire Line 

Express Coal Line 

Fairbanks & Company, N. K 

Florida Naval Stores and Commission Co 

Fairmont Coal Mine Co 

Fowler, I. W 

Freedom Oil Works 

Gate City Oil Co 

Globe Refining Co 



Description. 



Tank 

Refrigerator _. 

Box 

Stock 

Box 

Tank 

Refrigerator.. 
Refrigerator.. 

Box 

Refrigerator.. 

Box 

Stock 

Refrigerator.. 

Tank 

Refrigerator.. 
Refrigerator.. 

Tank 

Refrigerator.. 

Tank 

Coal 

Tank 

Tank 

Refrigerator.. 

Coal 

Box 

Refrigerator.. 
Refrigerator.. 
Refrigerator.. 

Box 

Tank 

Box 

Box and coal. 
Refrigerator.. 

Tank. _.. 

Coal 

Box 

Tank 

Tank 

Tank 



Rate. 



Amount. 



% 


«8. 12 


% 


36.14 


6-10 


3.10 


6-10 


198.34 


6-10 


39.83 


% 


218.97 


% 


2.02 


% 


131.28 


6-10 


6.89 


% 


575. 17 


% 


318.76 


6-10 


135.66 


% 


3,419.12 


% 


25.54 


% 


830.98 


% 


616.28 


% 


.27 


% 


1.59 


% 


4.43 


6-10 


5.44 


% 


33.19 


^ 


7.17 


M 


18.25 


6-10 


36.93 


6-10 


1.03 


■'A 


168.01 


% 


258.55 


% 


937.40 


6.10 


5.73 


% 


161.19 


6-10 


1,785.25 


% 


9,706.08 


% 


27.34 


% 


18.84 


6-10 


39.21 


% 


2,952.35 


% 


2.21 


% 


376.60 


% 


1,016.62 



200 



N. C. CORPORATION COMMISSION. 



CAR MILEAGE— Continued. 



Name of Owner, 



Description. 



Glesenkamp Carriage Co Box. 

Geiser Manufacturing Co Box . 

German-American Refrigerator Line Refrigerator. 

Hammond Refrigerator Line Refrigerator 

Harrison Brothers & Co Tank 

H, Alfray Heading Factory Flat 

Healy, C. J Refrigerator. 

Iroquois Line Box 

Independent Refining Co Tank 

Iron Belt Railway and Mining Co Coal 

Illinois Sugar Refining Co Tank 

Indianapolis Brewing Co. Refrigerator Line Refrigerator. 

Jackson & Sharp Co Flat 

Kansas City Refrigerator Car Co Refrigerator, 

Kentucky Refining Co Tank 

Keystone Live Stock Express Stock 

Kingan Refrigerator Line Refrigerator. 

Kingman & Co Box 

I 
Kentucky Oil Supply Co Tank 

Libby, McNeill & Libby Refrigerator Line Refrigerator. 

Lima Locomotive and Machine Works Flat 

I 
Lipton Car Lines Refrigerator. 

Live Poultry Transportation Co j Stock 

Loviisville Cotton Oil Co 1 i Tank 

Louisville Packing Co Refrigerator. 

Lake Carriers Oil Co j Tank 

Lawler & Cherry Tank Line , I Tank 

Lackawanna Live Stock Transportation Co Stock 



McCaw Manufacturing Co : Tank. 

Mansur & Tibbetts Importing Co Box 

Mather Horse and Stock Car Co Slock 

Merchants Despatch Transportation Co ' Box and refrigerator. 



Morris & Company, Nelson 

Missouri Car Storage and Repair Co. 

Mann Brothers 

Montana Coal and Coke Co 

McCoy's Hermetical Seal Co 

Merchants and Planters Oil Co 

Mengel Box Co 



Refrigerator 

Box 

Box 

Coal 

Tank 

Tank 

Box 



Rate. 



6-10 
6-10 



Z4 

6-10 



6-10 

3X 



6-10 
6-10 



6-10 
6-10 

% 
6-10 

Ya 

6-10 

6-10 

6-10,% 

% 
6-10 
6-10 
6-10 
6-10 
6-10,% 
6-10 



Amount. 



SOUTHERN RAILWAY COMPi^NY. 



201 



CAR MILEAGE— Continued. 



Name of Owner. 



Description. 



Nashville Packing Co Refrigerator 

National Despatch liine Box 

National Rolling Stock Co Box 

North and South Rolling Stock Co } Box and refrigerator 

National Carbon Co | Tank-__ 

Omaha Packing Co .J Refrigerator 

Paragon Refining Co Tank 

Pt.rtner Brewing Company, Robert Refrigerator 

Provision Dealers Despatch ' Refrigerator 

Produce Shippers Despatch Refrigerator 

Pittsburg Plate Glass Co Box 

Pease, F. M Box 

Record Oil Co ' Tank 

Railway Car Association Refrigerator Line ! Refrigerator 

Red Line Transit Co | Box 

Rock Hill Buggy Co Box 

St. Charles Refrigerator Despatch ' Refrigerator 

St. Louis Refrigerator Car Co | Refrigerator 

Santa Fe Fruit and Refrigerator Line \ Refrigerator 

Southeastern Line j Box 

Southern Freight Line i Box 

Southern Iron Car Line ! Box, coal, flat 



Southern Cotton Oil Co 

Southern Despatch Lumber Line 

Southern Oil Tank Line 

Southern Roofing and Manufacturing Co. 

Street's Western Stable Car Line 

Swift's Refrigerator Line 

Shatter Company, S. P 

Southwestern Chemical Co 

Southern Oil Co 

St. Louis Car Co 

Special Freight Despatch 

Swift's Livestock Express 

Standard Butterine Refrigerator Express. 

Southeastern Despatch 

Smith, O. A., Roofing and Cont. Co 

Tennessee Copper Co 

Trinity Cotton Oil Co 



Tank 

Box, flat, refrigerator. 

Tank 

Tank 

Stock 

Refrigerator 

Tank 

Tank 

Tank 

Box 

Box 

Stock 

Refrigerator 

Box 

Tank 

Coal 

Tank 



Rate. 



6-10 
6-10 
6-10, 3^ 



6-10 
6-10 



/4 

6-10 



Z4 

6-10 



"A: 

6-10 
6-10 
6-10 

■'A 

6-10 

% 
6-10 

3/r 



Amount. 



$3.48 

99.11 

7.22 

1,464.02 

14.27 

161.93 

5.77 

652.81 

524.52 

1,312.57 

5.97 

577. 66 

73.00 

1.29 

.52 

7.15 

20.54 

1,906.92 

218.23 

4,491.37 

529. 12 

34,589.-55 

1,564.91 

1,500.27 

157.50 

47.00 

285. 81 

15,130.56 

202.76 

37.02 

.58 

16.56 

66.87 

7.06 

87.86 

4.02 

113. 61 

24.32 

1.12 



202 



N. C. CORPORATION COMMISSION. 



CAR MILEAGE— Continued. 



Name of Ownor. 



Union Refrigerator Transportation Co__- 

Union Tank Line 

Venice Transportation Co 

"Virginia and. Alabama Coal Co 

Virginia and Carolina Chemical Co 

Vinegar Bend Lumber Co 

"Western Refrigerator Line 

Western Refrigerator Transportation Co- 

White Oak Transportation Co 

Weil, Charles, Transportation Co 

West Virginia Pulp and Paper Co 

Wagar Lumber Co 

Wagan Brothers Tank Line 

Westmoreland Coal Co 

Wilburne Oil Works 

Wisconsin and Arkansas Lumber Co 



Description. 



The Pullman Co. 



Refrigerator . 

Tank 

Stock 

Coal 

Tank 

Flat 

Refrigerator _ 
Refrigerator _ 

Coal 

Box 

Box 

Flat 

Tank 

Coal 

Tank 

Flat 



Sleeping and parlor cars- 



Rate. 



6-10 



% 

% 

6-10 

6-10 

6-10 

% 

% 

6-10 

6-10 



Amount. 



$2,721.22 

10,499.24 

64.01 

427.90 

11.87 

10.11 

101. 99 

83. 65 

53.06 

.51 

2.36 

41.94 

67.42 

10.96 

19.91 

27.67 



152, 873. 76 
127,972.14 



LINES CONTROLLED AND OPERATED BY LEASE OR OTHERWISE IN NORTH 

CAROLINA. 



Atlantic and Yadkin Valley Railway Company 

Atlantic and Danville 

Atlanta and Charlotte Air Line Railway Company 

Asheviile and Spartanburg Railroad Company 

High Point, Randleman, Ashboro and Southern Railroad Company. 

North Carolina Railroad 

North Carolina Midland Railroad Company 

North and South Carolina 

South Carolina and Georgia Extension Railrced Company 

State University Railroad Company 

Yadkin Railroad Company 

Total 



165. 17 
22.00 
43.16 
41.90 
26.80 

224.34 
53.62 
4.45 
64.10 
10.20 
41.00 



696.64 



ATLANTA AND CHARLOTTE AIR LINE RAILWAY COMPANY. 203 



Atlanta and Charlotte Air Line {Railway Connpany. 



OFFICERS. 



Title. 


Name. 


Location of Office. 




Charles S. Fairchild 


New York. 




W. N. Wilmer _ 


New York. 




George Sherman- __ 


New York. 


Division Superintendent — 


H. Baker _ 


Charlotte, N. C. 









DIRECTORS. 

Chas. S. Fairchild, 46 Wall Street, New York ; R. B. McAlpine, Dakota Apartment House, 
72d Street and Central Park, W. N. Y.; Skipwith Wilmer, 207 North Calvert Street, Baltimore, 
Md.; Michael Jenkins, Baltimore, Md.; Herbert L. Griggs, 48 Wall Street, N. Y.; John A. Mid- 
dleton, 21 Cortland Street, N. Y. ; Edwin Lancaster, 10 Wall Street, N. Y. ; George F. Canfield, 48 
Wall Street, N. Y. ; Hiram W. Sibley, 21 Exchange Street, Rochester, N. Y. ; Joseph Bryan, Rich- 
mond, Va. ; Frederick Cromwell, 32 Nassau Street, N. Y. ; Henry Evans, 46 Cedar Sti'eet N. Y. ; 
George Sherman, 54 Wall Street, N. Y. Until their successors are elected. 



CAPITAL STOCK. 



Capital stock — common— number of shares authorized 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding 

Dividend of 7 per cent declared on 



17,000 

$100.00 

1,700,000.00 

1,700,000.00 

119,000.00 



Manner of payment for capital stock : Issued for reorganization^ common 17, 000 shares. 
PROPERTY OPERATED— North Carolina. 



Atlanta and Charlotte Air Line Railway Company, from Air Line Junction, Char- 
lotte, N.C., to State Line, South Carolina (miles) 



43. 16 



PROPERTY OPERATED— Entire Line. 



Atlanta and Charlotte Air Line Railway Company, Air Line Junction, Charlotte, 
N. C.,to Atlanta, Ga. (miles) 



Georgia Railroad Company, entrance to Union Depot, Atlanta, Ga. (miles). 
Total 



?.17 

.87 



269.04 



204: 



N. C. CORPORATION COMMISSION. 



. CO 

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fill 






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ATLANTA AND CHARLOTTE AIR LINE RAILWAY COMPANY. 205 



RECAPITULATION. 

FOR MILEAGE OWNED. 





Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per 


Mile of Line. 


Account. 


Miles. 


Amount. 


Capital stock 


$1,700,000 
5,500,000 


All 


268. 17 
268. 17 


$6,339 
20,510 


Bonds 


All - - 






Total _ 


7, 200, 000 




26,849 









INCOME ACCOUNT. 






Income from lease of road _ _ _ 




$470,500.00 


Salaries and maintenance of organization 


$4,000.00 
347, .500. 00 


Interest on funded debt 








Total deductions 




351,500.00 
119,000.00 


Net income 




Dividends, 7 per cent on common stock 




119, 000. 00 


' 







OPERATION. 



Gross earnings from operation— N. C 

Operating expenses, including taxes— N.C. 



$486,286.22 
324,094.79 



RECAPITULATION OP EXPENSES. 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of Noeth Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses ^^ 

War revenue ^ 

Taxes 

Total 

Percentage of expenses to earnings- North Carolina 



$379,091.44 

392,112.24 

1,086,817.74 

95,615.79 



1, 953, 637. 21 


66.68 


60,654.61 


62,737.97 


173,890.84 


10,632.25 


322.29 


15,856.83 



324. 094. 79 
66. 65 



206 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM 


OPERATION— North Carolina. 




Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger— 

Passenger revenue 


S137,663.08 


$664.47 




Less repayments- 
Tickets redeemed 

Excess fares refunded 

Other repayments 


---i 

J. 




Total deductions 


664. 47 




Total passenger revenue _ _ . 




$136,998.61 
41,601.08 

9,928.45 
1,825.08 


Mail _ - - - - 


i 




j 


Extra baggage and storage _ .. _ _ __ 




Other items -. 


i 


234. 29 






. j- 

1 




Total passenger earnings . _. 


190,587.51 


Freight— 


300,637.41 


7,327.28 




Less repayments- 
Overcharge to shippers ^ 






\ 




Other repayments 






Total deductions 


7,327.28 




Total freight revenue 




293, 310. 13 






1 




Total freight earnings _ 


293, 310. 13 










Other Earnings from Operation— 
Switching charges— balance. — _ _ 


434.40 


Hire of equipment — balance- _ 


1 


249.74 


Rents not otherwise provided for. 


1 


487.58 


Other sources- - „ 






1,216.86 












Total other earnings 


2,388.58 




-N. C 




Total gross earnings from operation- 


486, 286. 22 


entire line 


. 




Total gross earnings from operation— 


2, 929, 825. 37 









ATLANTA AND CHARLOTTE AIR LINE RAILWAY COMPANY. 207 



TRAFFIC AND MILEA&E STATISTICS— Entire Line. 



Item. 



I 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles_- 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total, Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road.l 

Operating expenses per train mile 

Car MILEAC4E, Etc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars — south or west 



Number 
Passengers, 
Tonnage 
and Car 
Mileage. 



585,049 
36,322,085 
135,006 
62. 08 



1,219,334 
169,817,150 
631, 197 
137. 27 



5, 161, 235 

6.05 

43 

9,499,764 

5,846,421 

579,958 

2,952,743 



Revenue and Rates. 



Dollars. 



832,695 

1 



1, 170, 126 
4,349 

1 



1,744,769 

1 



1,744,769 

6,485 
2 

2, 929, 825 

10, 889 

1 

1,9.53,637 

7,261 

1 



Cents 



Mills. 



208 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— Entire Line— Continued. 



Item. 


Num^ber 
Passengers, 
Tonnage 
and Car 
Mileage. 


Revenue and Rates. 


Car Mileage, Etc.— Continued. 

Average number of freight cars in train _ 


23.08 
18.72 
4.31 

207.19 
11.07 

269.04 


Dollars. 


Cents 


Mills. 










Average number of empty cars in train 








Averao"e number of tons of freight in train 








Average number of tons of freight in each loaded car__ 



















RENTALS PAID. 
RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company 
OwningProperty Leased. 


Item. 


Total. 


Tracks 


Shelby to Lawndale 

Atlanta, Ga 


S.C.& Ga.ExtensionR.R. 

N.C.&St.L.R.R 

Georgia Railroad 

C. of Ga. Railway 

Clifton Mfg. Co __ 


$1,871,28 
6,750.00 
7,778.68 
1,835.20 
6,000.00 










Atlanta, Ga 






Atlanta, Ga 

Clifton & Converse, S. C- 










Total - 




$24,235.16 




Atlanta, Ga 


Union Passenger Sta 




900.00 












Total— . 


900.00 










Grand total rents 


25,185.16 











MILEAGE. 
MILEAGE OF LINE OPERATED BY STATES (Single Track) 



State. 


Line Rep^ 
resented 
by Capital 
Stock- 
Main 
Line. 


Line 
Operated 

Under 
Trackage 

Rights. 


Total 

Mileage 

Operated. 


Steel 
Rails. 


North Carolina 


43.16 
124.90 
100. 11 




43.16 
124. 90 
100.94 


43.16 


South Carolina _ 




124. 90 


Georgia . . - _ - 


.88 


100. 11 








Total mileage operated (single track) 


268.17 j .83 


269.00 


268.17 



ATLANTIC AND YADKIN RAILWAY COMPANY. 



209 



Atlantic and YadKiO Railway Company 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President 

Vice-President 


A. B. Andrews 

W. W. Finley 

H. W. Miller 

H. C. Ansley 

A.H. Plant 


Raleigh, N. C. 
Washington, D. C. 


Secretary _ _ 


Raleigh, N.C. 




Washington, D.C. 


Auditor- 


Washington, D.C. 
Washington, D. C. 











DIRECTORS. 

J. Van Lindley, Greensboro, N. C; J. W. Fry, Greensboro, N. C; C. H. Ireland, Greensboro, 
N. C; B. Frank Mebane, Spray, N. C; M. H. Cone, Greensboro, N.C; H.W.Miller, Raleigh, N.C. 
Expiration of term, November 26, 1902, or until their successors are appointed. 





PROPERTY 


OPERATED. 








Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


Name. 


From— 


To- 


Each Class 
of Roads 
Named. 


Atlantic and Yadkin Rwy.. 
Atlantic and Yadkin Rwy.. 


Sanford, N.C 

Ramseur 


Mt. Airy, N.C . 




130. 95 


Climax 

Madison 


18.74 
11.39 
.05 
2.02 
2.02 




Stokesdale 






Gulf 

Greensboro 

Mt.Airy 


Buflf Quarry 






Proximity Mills 






34. 22 








Total 






165. 17 











COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 


Total cost to 
June 30, 1902. 


Cost Per Mile. 


Total cost construction, equipment, etc 


$2,500,000.00 


$15,136.00 





u 



210 



N. C. CORPORATION COMMISSION. 



RECAPITULATION. 

FOR MILEAGE OWNED. 



\ ncciunt 


Total 
Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Road. 




Miles. 


Amount. 


Capital stock 


11,000,000.00 
1,500,000.00 


All 


165. 17 
165. 17 


$6,055.00 
9,081.00 


Bonds . _ 


All 






Total 


2,500,000.00 




165 17 


15,136.00 







CURRENT ASSETS AND LIABILITIES. 



ASSETS. 



Due from agents 

Due from solvent companies and individuals-. 
Total— cash and current assets 

LIABII^ITIES. 

Wages and salaries 

Net traffic balances due to other companies ___. 

Total— current liabilities 

Balance— cash assets 



Amount. 



$340.54 
81,095.10 



81, 435. 64 



338.47 
12,112.08 
12,450.50 



, 985. 14 



INCOME ACCOUNT. 



Gross earnino's from operation 


$290,899,03 
196, 154. ,55 




Less operating expenses 








Income from operation _ _ __ 




$94,744.48 






Total income.- __ _ _ _ _ _ _ 


94, 744. 48 




60,000.00 
15,374.68 




Deductions from Income— 

Interest on funded debt accrued _____ 




Taxes _ _ . 








Total deductions from income 




75,374.68 






Net income 


19,369.80 






Surplus from operations of year ending June 30, 1902 


19,369.80 
37,832.06 


Surplus on June 30, 1901, [for entry on " General Balance Sheet," 
1901 Report.] 








Deductions for year _ _ _ 


3,216.72 






Surplus on June 30, 1902, [for entry on " General Balance Sheet "]_ 


53,985.14 





ATLANTIC AND YADKIN RAILWAY COMPANY 



211 



EARNINGS FROM OPERATION. 



Item. 



Passengek— 

Passenger revenue 

Less repayments 

Total deductions 

Total passenger revenue. 
Mail 



Total 
Receipts. 



$66,701.50 



Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation— 

Switching charges— balance 

Hire of equipment— balance 

Rents from tracks, yards and terminals 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings from operation— N. C- 



204,858.16 



Deductions, 

Account of 

Repayments, 

Etc. 



$47. 92- 



47.92 



Actual 
Earnings. 



496.91 



496.91 



^66,653.58 

11,578.80 

6,038.77 

1,075.64 

137. 10 



85,483.89 



204,361.25 



204,361.25 



,845.14 

388.76 

154.57 

9.00 

73.44 

483. 12 



1,058.89 



290,899.03 



212 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES. 



Item. 



Amount. 



Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line . 

Operating Expenses— State of North Carolina 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes— war revenue 

Total 

Percentage of expenses to earnings— N. C 



$59,384.26 

32,002.07 

95,546.99 

9,221.23 



5,154.55 
67.43 



59,384.36 
32,002.07 
95,546.99 

9,221.22 
15,374.68 



211,529.23 

72.72. 



COMPARATIVE GENERAL BALANCE SHEET. 



' June 30, 1901. 


ASSETS. 


Year Ending June 30, 1902. 


Total. 


Total. 


Increase. 


$2,500,000.00 
62 065 84 


Cost of road 


$2,500,000.00 
81,435.64 




Cash and current assets 


fl9, 369. 80 




Grand total 




2,562,065.84 


2,581,435.64 


19, 369. 80 


LIABILITIES. 

Capital stock _ _ __ , _ _ 




1,000,000.00 

1,500,000.00 

9,233.78 

15,000.00 

37 832,06 


1,000,000.00 

1,500,000.00 

12,450.50 

15,000.00 

53,985.14 








Current liabilities _ _ _ 


$3,216.72 


Accrued intea-est on funded debt not payable 

Profit and loss 




16,153.08 




Grand total 




2,562,065.84 


2,581,435.64 


19,369.80 







ATLANTIC AND YADKIN RAILWAY COMPANY. 



213 



TEAPFIC AND MILEAGE STATISTICS. 



Items. 



Number 

Passengers, 
Tonnage, 
and Car 
Mileage. 



Revenue and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles- 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile j 

Freight Traffic— j 

Number of tons carried of freight earning revenue — ! 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles 

•fotal freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total, Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

€ar Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars per train mile 

Average number of passengers per train mile 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars— south or west 



85,239.00 

2,581,562.00 

15,630.00 

30.29 



189,175.00 

9,086,520.00 

54,710.00 

47.77 



359,740.00 
3.40 
24.00 
402,614 
363,350 
106,020 
171,131 



Dollars. Cents 



66,653 I 58 



85,483 

517 I 55 



02 



204,361.25 

1 



02 



204,361 I 25 

1,237 i 28 
1 74 



290,899 

1,761 

1 

196, 154 
1,187 



Mills 



21i 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



Item. 


Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 


Revenue and Rates. 


Car Mileage, Etc.— Continued. 

Average number of freight cars per train mile_ _. 


8.89 
6.53 
2.36 
77.03 
11.80 
165. 17 


Dollars. 


Cents 


Mills 


Average number of loaded cars per train mile_- 








Average number of empty cars per train mile 








Average number of tons of freight per train mile 








Average number of tons of freight per loaded car mile 








Average mileage operated during year _ 



















Asheville and Spartanburg F^ailroad Company. 



DIRECTORS. 

H. W. Miller, Raleigh, N. C. ; Charles McNamee, Asheville, N.C.; P.H.Haines. Winston, N.C. ; 
J.H.McA.den, Charlotte, N.C. ; G.A.Mebane, Greensboro, N. C. ; Frank Coxe, Asheville, N, C; 
E. P. McKissick, Asheville, N. C. ; ijp,mes Swann, New York City. Term expires when successors 
are appointed. 

PROPERTY OPERATED— Entire Line. 



Asheville and Spartanburg Railroad from Biltmore, N. C, to Alston, S. C. (miles). 
In North Carolina (miles) 



133.90 
4L90 



CAPITAL STOCK 



Capital stock— common— number of shares authorized 
Par value of shares 

Total par value authorized 

Total amount issued and outstanding 



10,500 

$100. 00 

1,050,000.00 

1,050,000.00 



CURRENT ASSETS AND COST OF ROAD. 


Total cash and current assets . _ __ _ __. 


$702,294.64 




1,788,590.99 





ASHEVILLE AND SPARTANBURG RAILROAD COMPANY. 



215 



RECAPITULATION. 
FOR MILEAGE OWNED. 





Total 
Amount 
Outstand- 
ing. 


Apportionment. 


Amount Per Mile of Line. 


Account. 


To Railroads. 


To Other 
Properties. 


Miles. 


Amount. 


Capital stock . 


$1,050,000 
1,000,000 


All 


None 

None 


183.90 
133. 90 


$7,843 
7,469 


Bonds— 


All 






Total ... 


2,050,000 


133.90 


15.311 











TAXES. 



Taxes paid in North Carolina- 
Taxes paid in South Carolina . 



.^5,086.05 
15,277.35 



INCOME ACCOUNT. 



Gross earnings from operation 


$777,399.92 
509,962.00 




Less operating expenses 












Income from operation 




$267, 437. 92 


Deductions from Income— 

Interest on funded debt accrued 


40,000.00 
20,363.40 




Taxes 












Total deductions from income 




60,363.40 












Net income 


207, 074. 52 




ig June 30, 


1901 






Surplus from operations of year endii 
Additions for year 


213,811.01 
20, 000. 00 






Surplus on June 30, 1902 [for entry on ' 


General B 


alance Sheet"] 




440 885.53 









MILEAGE. 
MILEAGE OF LINE OWNED BY STATES. 



State or Territory. 


Line Represented by 
Capital Stock. 


Total 
Mileage 
Owned. 


Kails. 




Main Line. 


Branches 
and Spurs. 


Iron. 


Steel. 


North Carolina 


41. 90 
92.00 




41.90 
92. 00 




41.90 


South Carolina 






92.00 








Total mileage owned (single track).. 


133. 90 




133. 90 




133.90 







216 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATIONS— State of North Carolina. 



Item. 



Passenger— 

Passenger revenue 

Less repayments- 
Tickets redeemed ---_ 

Excess fares refunded 

Other repayments 

Total deductions 

Total passenger revenue- 
Mail 



Total 
Receipts. 



S75,894.41 



Expi'ess 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight- 

Freight revenue 

Less repayments— 

Overchai'ge to shippers 

Other repayjnents 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings... 
Other Earnings from Operations— 

Switching charges — balance 

Hire of equipnient — balance 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings from operation— N. C. 



Deductions 

Account of 

Repayments, 

etc. 



$782. 27 



782.27 



168,879.44 



Total gross earnings from operation— entire 
line 



6,472.09 



5,472.09 



Actual 
Earnings. 



$75,112.14 

5,099.82 

5,057.53 

983. 12 

116. 99 



2,407.35 



162,407.35 



248,776.95 

232.51 
65. 19 
35.52 

309.86 



643.08 



249,420.03 
777,399.92 



ASHEVILLE AND SPARTANBURG RAILROAD COMPANY. 



217 



OPERATING EXPENSES— Entire Line. 



Item. 



Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes (including war revenue) 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 



S121, 
125, 
240, 

22, 



490.36 
490. 43 
088. 07 
893. 14 



509, 



962.00 
65.60 



404.09 

377.39 
040. 80 
691.48 
086.05 



214, 



599.81 
86.04 



TRA.PFIC AND MILEAGE STATISTICS— Entire Line. 



Item. 



Passenger Traffic— 

Number of passenger carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles— 

Total passenger revenue 

Average ainount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 



Number 
P-Bssengers, 
Tonnage, 
and Car 
Mileage. 



320,646 
10,267,866 
76,683 
32.02 



Revenue and Rates. 



673,689 
50,589,521 
377,816 
75.09 



Dollars. 



227.502 



261,945 

1,956 

1 



513,076 



Cents 



Mills. 



951 
216 



046 



76 159 



218 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— Entire Line— Contiaued. 



Item. 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



Fkeight Tbaffic— Continued. 

Average receipts per ton per mile — 

Total freight earnings 

Freight earnings per mile of road ^ 

Freight earnings per train mile J 

Total, Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses' per ixiile of road 

Operating expenses per train mile 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars in ti'ain 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars— south or west 

Average number ef freight cars in train 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of freight in train 

Average number of tons of freight in each loaded car. 
Average mileage operated during year 



Revenue and Rates. 



Dollars 



1.202,418 

5. 33 

45 

2,025,314 

1,002,243 

226, 148 

1,742,980 

15.49 

10.04 

5.45 

139.97 

13. 95 

133. 90 



518.076 

3, 831 

1 

777,399 

5, 805 

1 

509,962 
3,808 



Cents 
01 

85 
79 
41 

92 

82 
32 



Mills. 
014 



960 



403 



854 



HIGH POINT, RANDLEMAN, ASHBORO AND SOUTHERN. 



219 



High Point, Randleman, Asliboro and Southerr) 
F^ailroad Company. 



OFFICERS. 




Title. 


Name. 


Location of Office. 




A. B.Andrews. _ 


Raleigh, N.C. 


Vic6-Presid.eDt 


W.W.Finley 


Washington, D.C. 


SscrGlajry 


H.W.Miller . . - 


Raleigh, N.C. 




H.C.Ausley 

A. H. Plant 


Washington, D.C. 


Auditor 


Washington, D.C. 


General Manager 


F. S. Gannon 


Washington, D. C. 









DIRECTORS. 

R. F. Dalton, High Point, N. C. ; J. E. Cox, High Point, N. C. ; W. G. Bradshaw, High Point, 
N. C; S. Bryant, Randleman, N. C; A. C. McAllister, Ashboro, N. C; W. P. Wood, Ashboro, 
N. C; J. E. Walker, Ashboro, N. C; H. M. Worth, Worthville, N. C. ; A. B. Andrews, Raleigh, 
N. C. ; O. W. Carr, Trinity, N. C. ; W. H. Ragan, High Point, N. C. ; G. Rosenthal, Raleigh, N. 
C. ; P. H. Morris, Ashboro, N-. C. Expiration of term November 25, 1902, or until their successors 
are appointed. 

PROPERTY OPERATED— North Carolina. 



High, Point, Randleman, Ashboro and Southern Railroad, from High Point to Ash- 
boro (miles) j 



2t). 80 



CURRENT LIABILITIES. 



Current liabilities ___.! $264,021.44 



RECAPITULATION. 
FOR MILEAGE OWNED. 



Account. 


Total 

Amount 

Outstanding. 


Amount Per Mile. 


Miles. 


Amount. 


Capital stock ... 


$250,000.00 
402,000.00 


26.80 
26.80 


$9,328.00 
15, 000. 00 


Bonds __ _ 






Total _ _ 


052,000.00 
652,522.79 


26.80 
26.80 


24, 328. 00 


Total cost of construction _ 


24, 347. 87 







220 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATIONS— State of North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passengers— 

Passenger revenue . . . 


$14,487.74 


$4.32 
4.32 




Less repayments 




Total deductions „. . . _ 






Total passenger revenue _. 




$14,483.42 

2,023.52 

1,486.89 

94.60 


Mail _ _ 






Express . 






Extra baggage and storage _ 






Other items. _ _. 






82.90 










Total passenger earnings 


18,121.33 


Fbeight— 

Freight revenue _ ______ 


87,965.86 


10,063.70 


Less repayments _ . _ . _ 










Total deductions _ __ __ _ • 


10,063.70 




Total freight revenue 




77, 902. 16 










Total freight earnings.. ___ 


77,902.16 








Total passenger and freight earnings 


96,023.49 
3.30 


Other Earnings from Operation— 
Switching charges — balance 






Hire of equipment — balance 






98.60 


Other sources _._ _ 






57.71 










Total other earnings _ 


159. 61 


Total gross earnings from operation— N. C— 






96, 183. 10 













COMPARATIVE GENERAL BALANCE SHEET. 




June 30, 1901. 


assets. 


June 30, 1902. 


Year Ending 


June 30, 1902. 


Total. 


Total. 


Increase. 


Decrease. 


$652,822.79 
262,717.43 




$652,522.79 
263.498.65 




$300.00 


Profit and loss __ _ _ 


$781.22 




Grand total 




915,540.22 


916,021.44 


481.22 




I.IABILITIES. 

Capital stock 




250,000.00 
402,000.00 
263,540.22 


250,000.00 
402,000.00 
264,021.44 






Funded debt 






Current liabilities 


481.22 










915,540.22 


916,021.44 


481.22 









HIGH POINT, RANDLEMAN, ASHBORO AND SOUTHERN. 



221 



INCOME ACCOUNT. 



Gross earnings from operation . .. . 


196, 183. 10 
56,862.27 




Less operating expenses __-__. 












Income from operation _ 




$39,320.88 












Total income. _ 


39,320.83 








24,120.00 

1,684.82 




Debtjctions from Income— 

Interest on funded debt accrued.. . 




Taxes . . __ 












Total deductions from income . 




25, 804. 82 












Net income . .. .. 


13,516.01 




June 30, 
eneral B 


1902 






Surplus from operations of year ending 


13,516.01 








Deficit on June 30, 1901 [for entry on " G 
Deductions for year . . _. 


262,717.43 






14,297.23 


Deficit on June 30, 1902 . . 




263,498.65 









OPERATING EXPENSES 

Item. 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings — entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes— war revenue 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 



$12,982.36 

7,992.20 

33,610.37 

2,277.34 

56,862.27 

59.12 

12,982.36 

7,992.20 

33,610.87 

2,277.34 
1,684.82 



58,547.09 
60.87 



222 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per raile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles-. 

Total freight revenue 

Average amount received for each ton of freight 

Avei'age receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile_-_ 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Opei'ating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars— south or west 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



31,417 

581,937 
21,714 
18.52 



114,363 
2,781,931 
103,803 
24.33 



108,507 

4.21 

22 

136.796 

46,453 

2,182 

91,099 



Revenue and Rates. 



Dollars. 



14,483 



18, 121 
676 



r,902 



77,902 
2,906 

2 

96, 183 

3,588 

1 

56,862 

2,121 

1 



Cents 



16 



MilU. 



NORTH CAROLINA MIDLAND RAILROAD COMPANY. 



223 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



Item. 



Number | 
Passengei-vS, \ 
Tonnage, ! Revenue and Rates. 
and Car i 
Mileage. | 



Car Mileage, Etc.— Continued. I 

■ I - 

Average number of freiglit cars in train ; 10.24 i 

Average number of loaded cars in train j 6. 78 | 

I I 

Average number of empty cars in train 1 3.46 j 

Average number of tons of freiglit in train | 103.06 ; 

Average number of tons of freight in each loaded car..] 15.18 

Average mileage operated during year i 26.80 



BoUars. 



Cents Mills 



North Carolina Midland F^ailroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President 


A B Andrews 


Raleigh N.C. 


Vice-President 


W. W.Finley 


Washington, D. C. 
Raleigh, N. C. 


Secretary _ . 


H.W.Miller 


Treasurer. 


H.C Anslev 


Washington, D.C. 
Washington, D. C. 
Washington, D. C. 


Auditor . _ 


A. H. Plant 


General Manager _ 


F.S.Gannon _ 









ORGANIZATION. 

J. B. Vaughan, Winston, N. C. ; H. E. Fries, Salem, N. C. ; G. W. Hinshaw, Winston, N. C. ; 
J. R. McLellan, Mooresville, N. C. ; A. Leazer, Mooresville, N. C. ; F. M. Johnson, Farmington, 
N. C; J. W. Cannon, Concord, N. C; W. C. Wilson, Mocksville, N.C; A. B. Andrews, Raleigh, 
N. C. ; R. J. Reynolds, Winston, N. C. ; M. D. Bailey, Winston, N. C. ; J. W. Fries, Salem, N. C. ; 
H. W. Miller, Raleigh, N. C Expiration of term, November 12, 1902, or until their successors 
are elected. 



224 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED. 



North Carolina Midland Railroad, Mooresville to Winston-Salem (miles). 



53.62 



CURRENT ASSETS AND LIABILITIES. 



Liabilities. 



Amount. 



Audited vouchers and accounts 

Matured interest coupons unpaid (including coupons due July 1) 
Total — current liabilities 



$801,428.61 
24,030.00 



325,458.61 



RECAPITULATION. 
FOR MILEAGE OWNED. 



Account. 


Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Miles. 


Amount. 


Capital stock 


$924,000.00 
801,000.00 


All 


53.62 
53.62 


$17,232.00 
14, 940. OO 




All__ _ _ 








Total _ _ __. ___ 


1,725,000.00 




53.62 


32, 172. 00 









COST OP ROAD, CONSTRUCTION AND EQUIPMENT. 



Cost of road, construction and equipment, per mile $32,561.06 



$1,745,924.26 



INCMOE ACCOUNT. 



Gross earnings from operation 


$223,285.48 
147,835.03 




Less operating expenses 












$75. 450. 45 






75, 450, 45 




48,060.00 
2,078.95 




Deductions from Income— 

Interest on funded debt accrued 




Taxes — made in report of Southern Railroad 








Total deduction from income 




50, 138. 95 


Net income _ 




25,311.50 








Deficit on June 30, 1901 [from "General Balance Sheet" 1900 Report] 


312,738.56 






17,107.29 


Deficit on June 30 1902 [from entry on " General Balance Sheet "] 




304,534.35 







NORTH CAROLINA MIDLAND RAILROAD COMPANY. 225 

EARNINGS FROM OPERATION. 



• 

Item. 


Total 
Receipts. 


Deductions, 

A-Ccountof 

Repayments, 


Actual 
Earnings. 


Passenger— 

Pa.ssenfirer revenuG - -- - 


$24,642.83 


$24.89 




Ij6SS repayments 










Total deductions _ _ _ 


24.89 




Total passenger revenue . 




$24, 617. 94 


Mail 






2,823.72- 


Express - 


j 


4,529.60 


Extra bagga'»'e and storage __ - 






236. 42 


Other items - - _ _ _ _ 






104. 05 












32,311.73 


Freight— 

Freight revenue _ _ - 


.189,832.96 


116.23 






* 










116.23 








189, 716. 73 










Total freight earnings. _ - 


189,716.73 










222, 028. 46 


Other Earnings froi Operation— 






1,008.82 








110.00 








138.20 










Total other earnings _ 


1,257.02 




1 




Total gross earnings from operation— N. (J 


223,285.48 


Total gross earnings from operation— en- 
tire line 






223,285 48 













COMPAKlTIVE GENERAL 


BALANCE SHEET. 




June 30, 1901. 


ASSETS. 


June 30, 1902. 


Year Ending June 30, 1902. 


Total. 


Total. 


Increase. 


Decrease. 


$1,745,849.26 
312,738.56 


Cost of road 


$1,745,924.26 
304,534.35 


$75.00 




Profit and loss 


$8, 204. 21 


Grand total 






2, 058, 587. 82 


2,050,458.61 




8, 129. 21 




liabilities. 
Capital stock ___ 






924, 000. 00 


924,000.00 
801,000.00 
325,458.61 






801,000.00 

333,587.82 


Funded debt 






Current liabilities _ _ 




8,129.21 


Grand total __ 




2,058,589.82 


2,050,458.51 




8, 129. 21 









15 



226 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES. 



Item. 



Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment _• 

Conducting transportation 

General expenses 

Grand total 

Operating Expenses— State of North Carolina- 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes— war revenue 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 


$22,716.80 


30,086.24 


88,352.83 


6, 679. 16 


147,835.03 


22,716.80 


30,086.24 


88,352.83 


6,679.16 


2,078.95 


149,913.98 


67.14 



TRAFFIC AND MILEAGE STATISTICS. 



Item. 



Passenger Tjjaffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried mi]es_. 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings _ 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic—, 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



40,090 
925,469 
17,260 
23.08 



Number of tons carried one mile per mile of road. 
Average distance haul of one ton 



Total freight revenue 

Average amount received for each ton of freight 



323, 162 
15,252,359 

284,453 

47.20 



Revenue and Rates. 



Dollan 



24, 617 



32,311 
602 



189, 716 



Cents 



Mills. 



405 
660 



930 



;-06 



NORTH CAROLINA MIDLAND RAILROAD COMPANY. 



227 



OPERATING EXPENSES— Continued. 



Item. 



Number 

Passengers, 

Tonnage, 

and Car 

Mileage. 



Revenue and Rates. 



Freight Traffic— Continued. 

Average receipts per ton per mile — 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total, Traffic— 

Gross earnings from operation 

G-ross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mii^eage, Etc— 

Mileage of passenger cars 

Average number of passenger cars per train mile 

Average number of passengers per train mile 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars — north or east 

Mileage of empty freight cars— south or west 

Average number of freight cars per train mile 

Average number of loaded cars per train mile 

Average number of empty cars per train mile 

Average number of tons of freight per train mile 

Average number of tons of freight per loaded car mile. 
Average mileage operated during year 



Dollars. 



109,318 

2.30 
19 
198, 147 
772,374 
641.817 
42 4o9_ 
24.27 
14.24 
10.08 
223.71 
15.72 
53. 62 



189,716 

3, 538 

2 

223,285 

4,164 

. 1 

147, 835 

2,757 
1 



Cents 
01 
78 
17 

78 

48 
22 
98 
03 
09 



Mills 
244 



263 



084 



726 



228 



N. C. CORPORATION COMMISSION. 



North Carolina Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President _ _ _ _ 


Hugh G. Chatham 


Elkin, N. C. 




D. H. McLean _ 


Burlington, N, C. 







DIRECTORS. 

R. F. Hoke, Raleigh, N. C; B. Cameron, Staggsville, N. C; H. W. Fries, Winston, N. C. ; 
Hugh G. Chatham, Elkin, N. C. ; L. Banks Holt, Graham, N. C. ; L. M. Michaux, Goldsboro, N. 
C. ; W. H. Williams, Newton, N. C. ; A. W. Graham, Oxford, N. C. ; V. E. Turner, Raleigh, N. C. ; 
S. C. Penn, Reidsville, N. C. ; C. M. Cook, Jr., Bessemer City, N. C. ; J. R. McLelland, Moores- 
ville, N. C; Hugh McRae, Wilmington, N. C. 

PROPERTY OPERATED. 



Name. 


Terminals. 


Miles of 
Line for 


From— 


To- 


Each Road 
Named. 


North Carolina Railroad 


Goldsboro 


Charlotte 


222.44 


North Carolina Railroad 


Caraleigh Junction 


Caraleigh Mills 


1.90 








Total 


224. 34 











RECAPITULATION 

FOR MILEAGE OWNED. 



* 


Total 
Amount Out- 
standing. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Account. 


Miles. 


Amount. 


Capital stock 


$4,000,000.00 


All 


224.34 











NORTH CAROLINA RAILROAD COMPANY. 



229 



LESSEE'S REPORT OP OPERATIONS 






Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

Etc. 


Actual 
Earnings. 


Passenger— 

Passenger revenue - - - -- 


$731,403.20 



$2,724.53 




Less repayments- 
Tickets redeemed -- -~) 




Excess fares refunded • 




Other repayments - -_ - - 


2,724,53 












$728,678.67 


Mail — - - 






151.845.i)9 


Express _._ 






56, 983. 10 








11,026.36 








1,275.65 












949,809.77 


Freight— 


1,786,823.71 


40,717.11 




Less repayments- 








Other repayments j 

Total deductions _ 




■ 


40,717.11 




Total freight revenue . 




1,746,106.60 










Total freight earnings . _ 


1,746,106.60 










Total passenger and freight earnings 


2,695,916.37 
2,944.39 


Other Earnings from Operation— 

Switching qharges — balance — _ . 






Rents from tracks, yard's and terminals 






1,212.98 
4,264.84 


Rents not otherwise provided for 












5,765.08 










Total other earnings __. __ 


14,187.29 


Total gross earnings from operation — N.C 


1 




2,710,103.66 




'""] 





RENTALS RECEIVED. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company Using 
Property Leased. 


Item. 


Total. 


Tracks 


Caraleigh Junction to 
Raleigh, N.C. 

Goldsboro toSelma 

Raleigh to Gary 


R and C F. R. R 


$1,122.98 

42.00 
48.00 






A. C. Line- _ 






S. A. Line _ 










1,212.98 







230 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES— State of North Carolina 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

War revenue J 

Taxes 

Total 

Percentage of expenses to earnings— North Carolina 



^190,065.11 

;>J4,.)81.55 

1,0:^0, 013. 48 

S2,U99.72 

2, 459. 93 

58,277.60 



1,71S,;W7 39 
63.41 



TRAFFIC AND MILEAGE STATISTICS— Entire Line 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles_ 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one miie 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 



Number 
Passengers, 
Tonnage 
and Car 
Mileage. 



730,339 
31,631,341 
140,997 
43.31 



Revenue and Rates. 



1,930,590 
191,383,687 
853,097 
99.13 



Dollars. 



728,678 



949,809 
4,233 



Cents MilU 



1,746,106 



1,746,106 

7,783 



773 
304 



046 



444 
912 



679 



NORTH CAROLINA RAILROAD COMPANY 



231 



TRAFFIC AND MILEAGE STATISTICS— Entire Line— Continued. 



Item. 



Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger ears in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars— south or west 

Average number of freight cars in train 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number ot tons of freight in train 

Average number of tons of freight in each loaded cai 
Average mileage operated during year____ 



Number 
Passengers, 
Tonnage 
and Car 
Mileage. 



4,121,422 

0.07 

47 

9, 748, 150 

6, 882, 610 

342,737 

2,606,936 

27.89 

23. 69 

4.20 

272. 57 

11.51 

224.84 



Revenue and Rates. 



Dollars, 

2.710,103 

12,080 

1 

1,657,659 



Cents Mills. 

(i() i 

34 ; 

PtI ; 287 

86 I 

I 

05 ' 

20 \ 061 



232 



N. C. CORPORATION COMMISSION. 



North and South Carolina F^ailroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 




A. B. Andrews _ _ 


Raleigh, N. C. 
New York, N. Y. 


secretary and Auditor 


R. D.Lankford 







DIRECTORS. 

A. B. Andrews, Raleigh, N. C; F. X. Burton, Danville, Va., John S. Cunningham, Cunning- 
ham, N. C; W. W. Finley, Washington, D. C; C. W. Johnston, Charlotte, N. C; J. M. Neal, 
Danville, Va.; J. I. Pritchett, Danville, Va.; S. Spencer, New York, N. Y. Expiration of term, 
November 27, 1902, or until their successors shall be elected. 



PROPERTY OPERATED. 



From Virginia to Copper Mines 



4.45 



CAPITAL STOCK 

Capital stock 

Capital stock per mile 

Current assets 

■Cost of road 



?50,000.00 
11,235.00 
60,752.99 

112,211.08 



INCOME ACCOUNT 

Gross earnings from operation _ 

Less operating expenses and taxes ($63.70) 

Increase from operation, June 30,1902 

Surplus June 30,1901 



$1,154.'15 

828.46 



325.69 
1,182.40 



SOUTH CAROLINA AND GEORGIA EXTENSION RAILROAD. 



233 



South Carolina and Georgia Extension f^ailroad 

Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President 


Samuel Hunt 


Cincinnati, 0. 


Vice-President 


G. G. Haven, Jr 


New Yorli. 


Secretary and Treasurer 


C. L.T.Robinson 


New York. 


r 




New York. 




Miller & Potter 




1 






W.D Gray 


Cincinnati, O. 
Blacksburg, S. C. 


Superintendent 


A.Tripp 


General Freight and Passenger Agent 


E.H.Shaw 


Blacksburg, S. C. 





PROPERTY OPERATED. 



Marion, N. C, to State Line, S. C. (miles) 

Entire line— Marion, N. C, to Camden, S. C. (miles main line). 
Blacksburg, S. C, to Gaffney, S. C. (miles branch) 



64.10 
171.30 
10. 50 



CURRENT ASSETS AND LIABILITIES. 



ASSETS. 



Cash ' 

Due from agents 

Due from solvent companies and individuals _. 
Total— cash and current assets 

LIABIT.ITIES. 

Audited vouchers and accounts 

Wages and salaries 

Net traffic balances due to other companies 

Balance— cash assets 

Total 



Amount. 


$36,089.16 
6, 102. 68 
9,484.07 


51,675.91 


19,619.26 
1,858.91 


30,197.74 


51,675.91 



234: 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK 

Capital stock , 

Capital stock per mile 

Funded debt 

Funded debt per mile 

Construction and equipment 

Construction and equipment— North Carolina 



$500, 000. oa 

2,741.00 
1,092,000.00 

5,987.00 
1,592,000.00 

558, 792. 00 



INCOME ACCOUNT. 






Gross earnings from operation 


$275,950.59 
234,622.80 




Less operating" expenses 








Income from operation 




$41,327.79 


Deductions fkom Income— 

Interest on funded debt accrued 


49,140.00 
14,971.98 




Taxes . . 












04,111.98 








Deficit _ „ _-_ - 


22,784.19 


Deficit from operations of year ending June 30 1902 




22, 784. 19 


Deficit on June 30, 1900 [from " General Balance Sheet," 1901 Re- 




19,532.94 








Deficit on June 30, 1902 [for entry on " General Balance Sheet"] — 


42,317.13 









EARNINGS FROM OPERATIONS— North Carolina. 



Item. 



Passenger — 

Total passenger revenue 

Mail : , 

Express 

Total passenger earnings L 

Freight— 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation— 

Telegraph companies 

Total gross earnings from operation— North Carolina 
Total gross earnings from operation— entire line 



Total. 
Receipts. 



$15,982.56 

3,365.48 

316.57 



19, 664. 61 



56, J 



.29 



76,233.90 



220.09 



76,453.99 
275,950.59 



SOUTH CAROLINA AND GEORGIA EXTENSION RAILROAD. 



0?. 



6i) 



TRA.FFIC AND MILEAGE STATISTICS- State of North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles__ 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger e'arnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles— 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



Number 
Passengers, 

Tonnage, 

and 

Car Mileage. 



Columns for Revenue 
and Rates. 



22,751 
525,114 
8,192 
23.1 



47, 628 
2,024,458 
31,583 
42.51 



Dollars . 



15,982 



19, 664 
306 



56, 569 
1 



56,569 



76,453 
1,192 



65,013 
1,014 



Cents 



Mills. 



98 



,! 65 



2.50 
044 



713 



354 



737 



236 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES 

Item. 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of Equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— Nokth Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— North Carolina 



Amount. 



$81,738.39 
26,307.74 

105,089.07 
21,487.60 



234,622.80 

85.02 



22,649.7r 
7,289.88 

29, 120. 18 
5,954.21 



65,013.98 
85.04 



State University Railroad Company. 



OFjUCERS. 



Title. 



President . 
Secretary . 
Treasurer . 
Auditor- 



Name. 



A. P.. Andrews- 
H. W. Miller .- 
H. C. Ansley _- 
A. H. Plant 



Location of Office. 



Raleigh, N. C. 
Raleigh, N. C. 
Washington, D. C. 
Washington, D. C. 



DIRECTORS. 

E. B. Barbee, Raleigh, N. C; K. P. Battle, Chapel Hill, N. C; J. S. Carr, Durham, N. C; T. S. 
Kenan, Raleigh, N. C; W. A. Erwin, Durham, N. C. Expiration of term, until their successors 
are elected or appointed. 

PROPERTY OPERATED. 



From University to Chapel Hill (miles). 



10.20 



STATE UNIVERSITY RAILROAD COMPANY. 



237 



INCOME ACCOUNT. 



Gross earnings from operation. 

Less operating expenses 

Income from operation _. 
Deductions from Income— 



$14, 873. 88 
12,824,77 



Taxes 



Net income 

Surplus from operations of year ending June 

Deductions for year 

Deficit on June 30, 1901 

Deficit on June 30, 1902 



1902. 



$2,049.11 



261.09 



1,788.02 

1,788.02 

•5,713.77 

96,651.33 

100.577.08- 



CAPITAL STOCK. 

Capital stock 

Capital stock per mile 

Cost of road 

Liabilities — audited vouchers 



$31,300.00 

3,069.00 

31,659.75 

100,936.83 



OPERATING EXPENSES. 



Item. 



Recapitulation of Operating Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina- 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes 

Total 

Percentage of expenses to earnings— North Carolina- 



Amount. 


$4,419.52 


1,692.11 


6,153.44 


559.70 


12,824.77 


86.22 


4,419.52 


1,692.11 


6,153.44 


559.70 


261.09 


13,085.86 


87.98 



238 



N. C. CORPORATION COMMISSION. 



YadKin F^ailroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President 


A B Andrews 


Raleigh, N.C. 
Salisbury, N. C. 
Raleigh, N.C. 
Washington, D. C. 
Salisbury, N. C. 
Washington, D. C. 
Washington, D.C. 


Vice-President 


Theo F Kluttz 


Secretary 


H. W. Miller 

H. C. Ansley 




Assistant Secretary... _ _ _ 


A. H. Boyden 


Auditor- _ -...-_ __ 


A. H. Plant 













DIRECTORS. 

D.R. Julian, Salisbury, N.C; .T. S. Henderson, Salisbury, N. C. ; Wm. Smithdeal, Salisbury, 
N.C; F. J. Murdock, Salisbury, N.C; L.W.Saunders, Charlotte, N.C. ; S.H. Hearne, Albemarle, 
N.C; J.M.Morrow, Albemarle, N.C; D.N. Bennett, Norwood, N. C; E.B. C Humbly, Rock- 
well, N.C; J. M.Odell, Concord, N.C; A. B.Andrews, Raleigh, N.C; H.W.Miller, Raleigh, N.C 
Terms expire November 25, 1902, or until their successors are appointed. 

PROPERTY OPERATED. 



Yadkin Railroad, from Salisbury, N. C, to Norwood, N. C (miles) 



INCOME ACCOUNT. 



Gross earnings from operation . _ . ... 


$83,336.58 
48,429.56 




Less operating expenses 








Income from operation 




$34,907.02 










34,907.02 


Deductions fbom Income— 

Interest on funded debt accrued-. 


36,900.00 
1,500.30 




Taxes — included in report of Southern Railway 








Total deductions from income. . 




38,400.30 








Deficit _ . - _ 


3,493.28 








Deficit from operation of year ending June 30, 1902 


3,493.28 


Deficit on June 30, 1901, ["General Balance Sheet," 1901 report] 




454,220.58 








Deductions for year _ 


27, 844. 18 


Deficit on June 30, 1902 [for entry on "General Balance Sheet"- 





485,558.04 









YADKIN RAILROAD COMPANY. 



239 



EARNINGS PROM OPERATION. 


• 




Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

Etc. 


Actual 
Earnings. 


Passe N(:^ER— 


§18,986.25 


$7.75 




Les.s repayments- 
Tickets redeem.ed 1 

Excess fares refunded c 




1 
Other repayments J 


! 




Total deductions 


7.75 




Total passenger revenue 




$18, 978. .50 


Mail 






2,023.16 








1,688.92 


Extra baggage and storage 






117.91 


Other items 






38.93 










Total passenger earnings 


22, 847. 42 


Freight— 


60,526.53 


225.44 




Less repayments — 
Overcharge to shippers ^ 


' 


Other repayments ) 






Total deductions . __ _ . 


225. 44 




Total freight revenue 


■ " 


60,801.09 











Total freight earnings 


60,301.09 








Total passenger and freight earnings. 


88, 148. 51 
.90 


Other Earnikgs from Operation— 

Switching charges— balance. _ _ 






Hire of equipment — balance ..... 


1 




90.20 


Rents not otherwise provided for . _ _ 






13. 24 


Other sources... ... . .. 


1 




83. 73 










Total other earnings 


188 07 




r;;;;;;;;;;;:;; 






Total gross earnings from operation— NC__ 

Total gross earnings from operation— entire 
line 


83,336.58 
83. 336. 58 











24:0 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK 

Capital stock 

Funded debt 

Capital stock per mile 

Funded debt per mile 

Cost of road 

Cost of road per mile 

Current liabilities 



$625,000.00 

615,000.00 

15,244.00 

15, 000. 00 

1,254,894.12 

30,607.17 

.500,452.16 



OPERATING EXPENSES. 



Item. 



Amount. 



KECAPITUIiATION OF EXPENSES— 

Maintenance of ways and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes — war revenue 

^ Total 

Percentage of expenses to earnings— North Carolina 



$10,636.69 
7,759.49 
27,545.52 

2,487.86 



48,429.56 
58.11 



10, 636. 69 
7,759.49 

27, 545. 52 
2,487.86 
1,500.30 



49,929.86 
59.91 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1901. 


ASSETS 


Year Ending June 30, 1902. 


Total. 


Total 


Increase. 


$1,254,894.12 
454, 220. 58 


Cost of road 


$1,254,894.12 
485,558.04 




Profit and loss 


$31,337.46 




Grand total 




1,709,114.70 


1,740,452.16 


31, 337. 46 


LIABILITIES. 

Capital stock . . 




625,000.00 
615,000.00 
469,114.70 


625,000.00 
615,000.00 
500,452.16 




Funded debt 




Current liabilities— _____ _ 


31,337.46 




Grand total _ _ 




1,709,114.70 


1,740,452.16 


31,337.46 









YADKIN RAILROAD COMPANY. 



24:1 



TRAFFIC AND MILEAGE STATISTICS— State of North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles 

Total passenger revenue 

Average amount received from each, passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue — 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles. 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total, Traffic— 

Gross earnings from operation 

Gross earnings from operation per train mile 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



Column for 
Number 

Passengers, 

Tonnage 
Car Mileage, 

Number of 

Miles, Etc. 



39,098 
662, 644 
16, 162 
16.95 



Columns for Revenue 
and Rates. 



74,570 
1,473,524 
35, 940 
19.76 



Dollars. 



18,978 



22, 847 
557 



60,301 



60,301 

1,470 

3 

83,336 

2,032 

1 

48, 429 
1,181 



Cents Mills 



541 

864 



506 



865 
092 



534 



825 



717 



•16 



242 



N. C. CORPORATION COMMISSION. 



MISCELLANEOUS RAILROADS. 



Aberdeen and Ashboro Railroad Connpany. 



OFFICERS. 



Title, 



Name. 



Location of Office. 



President 

Secretary and Treasurer 

Assistant Secretary and Treasurer 

Attorney 

Auditor 

General Manager 

Traffic Manager 



Henry A. Page. 
Robert N. Page. 

M. E. Page 

W.J.Adams ___ 

Frank Page 

J.R.Page 

Henry A. Page _ 



I Aberdeen, N.C. 
Biscoe, N. C. 
Aberdeen, N. C. 
Carthage, N.C. 
Biscoe, N. C. 
Biscoe, N. C. 
Aberdeen, N.C. 



DIRECTORS. 

Henry A. Page, Aberdeen, N. C. ; J. R. Page, Frank Page, Aberdeen, N. C; W.H. Page, New 
York, N.Y.; N. A.McKethan, Aberdeen, N. C. ; A. W.E.Capel,Troy,N.C. 



PROPERTY OPERATED. 

Aberdeen and Ashboro from Aberdeen to Ashboro, N.C. ( miles j 

Aberdeen and Ashboro— Biscoe to Mt. Gilead (miles) 

Jackson Springs R. R. Co. (operated under trackage rights) 

Total (miles) 

CAPITAL STOCK. 

Capital stock— common— number of shares authorized 

Par value of shares — : 

Total amount issued and outstanding 

Total number shares issued and outstanding 

Total cash i-ealized 

Capital stock per mile 

Jackson Springs R. R. Co. (capital stock) 



55.20 
21.30 
4.00 



80.50 



6,500 

SIOO. 00 

250,000.00 

2,500.00 

190,000.00 

3,105.59 

20,000.00 



ABERDEEN AND ASHBORO RAILROAD COMPANY. 



243 



FUNDED DEBT. 



Amount issued * 

Amount outstanding 

Total debt per mile 



$80,000.00 

76,000.00 

944. 10 



*Date of issue, 1890 ; when due, 1910 ; rate of interest, 6 per cent, payable January and July. 



COST OF ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Cost to June 30,1902 
Total equipment 



$338,083.71 

77,158.85 



CURRENT ASSETS. 



Balance current assets. 



$19,840.20 



EARNINGS PROM OPERATION. 



Total passenger earnings 

Total freight earnings 

Telegraph companies 

Rentals from S. A. L. to Pinehurst. 
Total 



$23,199.55 

116,668.30 

1,133.34 

565.00 

141,566.19 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Dpjductions from Income— 

Interest on funded debt accrued 

Taxes __.. 

Total deductions from income 

Net income 

Dividends— common stock 6 per cent 

Current liabilities paid 

Invested in real estate (sinking fund) . 

Total 

Surplus from operations of year ending June 30, 1902 

Surplus on June 30, 1901 [from " General Balance Sheet," 1901 Re- 
port] 



Surplus on June 30, 1902 [for entry on " General Balance Sheet,". 



$141,566.19 
75,468.05 



4,560.00 
2.064.50 



15,000.00 
15,000.00 
10,866.07 



18, 607. 57 



1,232.63 



$66,098.14 



6,624.50 



59, 473. 64 



40,866.07 



19,840.20 



I 



2M 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES. 



Item. 



Recapitulation of Operating Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General Expenses 

Grand total 

Percentage of expenses to earnings— entire line 



Amount. 



$21,357.11 

12,785.47 

32,661.45 

8,664.02 



75,468.05 
67.19 



Aberdeen and l^ocKfish F^ailroad Connpany. 



OFFICERS. 



Title. 



President, Gen. Manager and Gen. Freight Agent. 

Secretary and Treasurer 

Auditor 

Chief Engineer 

General Superintendent i C. N.Blvie 

Traffic Manager i N. A.McKeithan. 



Name. 



John Blue 
M^A.Blue. 
O. H. Folley 
C. H. Scott _ 



Location of Office. 



Aberdeen, N. C. 
Aberdeen, N. C. 
Aberdeen, N.C. 
Warrenton, N. C. 
Aberdeen, N.C. 
Aberdeen, N.C. 



DIRECTORS. 

John Blue, C.N. Blue, W. A. Blue, Aberdeen, N. C. ; J. A.Blue,Timberland,N.C. 
Biscoe, N. C. ; J. A. McKeithan, N. A. McKeithan, Aberdeen. N. C. 



R. N. Page, 



PROPERTY OPERATED. 

Aberdeen and Rockfish Railroad from Aberdeen to Rockfish (miles) 

Aberdeen and Rockfish Railroad from Junction to Endon (railes)___ 

Total miles 



42 



ATLANTA, KNOXYILLE AND NORTHERN RAILROAD COMPANY. 245 



CAPITAL STOCK. 



Capital stock 

Funded debt* 

Balance cash assets 

Cost of road and equipment- 



$100,000.00 
80,000.00 
28,302.59 
159,331.23 



* Rate of interest, 6 per cent. 



INCOME ACCOUNT. 





$63,700.96 
26,973.73 
















$36, 727. 23 


Interest on funded debt _ ___ . 


3,450.00 

919. 11 

5,879.97 




Taxes _ _ _ . __. . _. 




Permanent improvements . . __ _ — 








Total - _ _ — _. ._ - 




10,249.08 

26,478.15 


Net income . _ _ _ _ _ 









OPERATING EXPENSES. 



Maintenance of way and structures. 

Maintenance of equipment 

Conducting transportation— 

General expenses 

Total 



$7,355.36 
7, 627. 90 
8, 172. 95 
3,817.52 



26,973.73 



Atlanta, Knoxvillc and Northern Railway Connpany. 



OFFICERS. 




Title. 


Name. 


Location of Office. 


President ._ 


Milton H. Smith 


Louisville, Ky. 


"Vice-President and General Manager 


Jno. B. Newton 


Secretary-Treasurer and Auditor. 


H. W. Oliver 


Knoxville Tenn 


TraflSic Manager 


J. E. W. Fields 











246 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED. 







Ter 


minals. 


Miles. 


From — 


To- 


Marietta, Ga - ._ 




20H. 81 


Blue Ridge, Ga 


Murphy, N. C 


28. 45 


Bridge . _ . 








Knox vi lie, Tenn _ . . . _. 


.84 










Total 






228. 10 


Miles ill North Carolina 




13.20 















CAPITAL STOCK. 



Capital Stock 

Capital stock per mile. 



Description. 



$4,499,000.00 

19,723.80 



FUNDED DEBT. 



Funded debt 

Funded debt per mile. 



Item. 



Amount. 



$3,281,000.00 
14,384.04 



COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 


Item. 


Amount. 


Cost of road - - - - 


$6,000,000.00 




621,168.00 




392,115.00 


Improvements 


196, 330. 00 


Texes paid — entire line - 


21,928.00 







CAPE FEAR AND NORTHERN RAILWAY COMPANY. 



247 



Cape Fear and Northern f^ailway Connpany. 



Secretary-Treasurerand General Manuger_ J. C. Augiei 



Traffic Manager 

Attorney or General Counsel 

Auditor 

Chief Engineer and Superintendent. 





OFFICERS. 




Title. . 


Name. 


Location of Office. 


Chairman of the Board 




.T E. Stagg 


Durham, N. C. 


President 


B. N. Duke 


Durham, N. C. 


First Vice-President 


J. E. Stagg 


Durham, N. C. 



j Apex, N. C. 

J. C. Angler I Apex, N. C. 

H. E. Norris ,___ ' Raleigh, N. C. 

T. F.Wilkinson Cary, N. C. 

G. E. Leiiimon Apex, N. C. 



DIRECTORS. 

J. E. Stagg, Durham, N. C. ; George W. Watts, Durham, X. C. ; J. C. Kilgo, Durham, N. C; 
J. C. Angier, Apex, N. C. ; H. E. Norris, Raleigh, N. C. ; T. F. Wilkinson, Cary, N. C. 



PROPERTY OPERATED. 



The Cape Fear & Northern Railway Co.. from Apex, N. C, to Angiei', N. C. (miles) ' 20 

i 



CURRENT ASSETS AND LIABILITIES 

ASSETS. 

Cash 

Due fromiigents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Total cash and current assets 

T.IABIT.ITIES. 

Audited vouchers and accounts 

Wages and salaries 

Miscellaneous 

Total current liabilities 

Balance cash assets 

Total 



Amount. 



§2,067.31 


11.99 


1,323.13 


1,939.76 


5,342.19 


835.65 


179.55 


1,800.63 


2,815.73 


2.526.40 



5.342.19 



248 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK. 



Capital stock 

Capital stock per mile 

Cost of equipment 

Cost of construction 

Cost of construction and equipment per mile . 



$100,000.00 

6,000.00 

20,887.03 

96,512.39 

5,869.90 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Deductions trom Income— 

Taxes 

Total deductions from income j. 

Net income . 

Dividend, 4 per cent, common stock j 

Total |. 

Surplus from operations of year ending June 30, 1902 !. 

Surplus on June 30, 1901 [from "General Balance Sheet," 1900 Re- | 
port] I. 



Additions for year , 

Surplus on June 30, 1902 [for entry on "General Balance Sheet "] 



$21,294.97 
13, 820. 83 



446. 40 



4,000.00 



$7, 474. 14 



446.40 



7,027.74 



4,000.00 



3,027.74 

18,747.02 

3,027.74 

21,774.76 



EARNIN&S FROM OPERATION— State of North Carolina 

Item. 

Passenger— 

Total passenger revenue 

Mail 

Total passenger earnings 

Freight— 

Total freight revenue 

Total passenger and freight earnings 

Other Earnings from Operation— 

Car mileage— balance 

Other sources 

Total gross earnings from operation— N. C 



Actual 
Earnings. 



$2,859.46 
866. 12 



3,725.58 



17,366.28 



21, ( 



L89. 61 
13.50 



21,294.97 



CAPE FEAR AND NORTHERN RAILWAY COMPANY. 



249 



OPERATING EXPENSES. 

Item. 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings 



Amount. 



?3, 744. 49 
1,058.01 
4, SOI. 49 
4, 216. 84 



13, 820. 83 
64.94 





COMPARATIVE GENERAL 


BALANCE SHEET. 




June 30, 1901. 


ASSETS. 


Year 


Ending June 30, 1902. 


Total. 


Total. 


Increase. 


Decrease. 


$94, 890. 98 


Cost of Road 


$96,512.39 

20,887. 03 

713.00 

5,342.29 

1,135.88 


$1,621.41 




20,887.03 
713. 00 


Cost of equipment 




Lands owned 






7,500.28 


Cash and current assets 




$2,158.09 
138. 63 




OTHER ASSETS. 

Materials and supplies 






Grand total _ 






125, 265. 79 


124,590.49 


1,621.41 


2, 296. 71 




LIABILITIES. 

Capital stock 1 




100,000.00 


100,000.00 

2,815.73 

21,774.76 






6, 518. 77 


Current liabilities 




3, 703. 04 


18, 747. 02 


Profit and loss 


3,027.74 










125,265.79 


124,590.49 


3,027.74 


3, 703. 04 









250 



N. C. CORPOEATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS. 



Item, 



Passenger Traffic— 

Number of passengers .carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles— 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger mile 

Total passenger earnings , 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton (miles) 

Total freight revenue 

Average amount received' for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Fi'eight earnings per train mile 

ToTAX Traffic— 

Gross earnings from operation 

Gi'oss earnings from operation per train mile 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation . 

Income from operation per mile of road 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



5,705 
74, 486 
3,724 
13. 05 



24, 974 
492,365 
24, 018 
19.71 



Columns for Revenue 
and Rates. 



Dollan 



2,859 



3, 725 
186 



17,306 



17,300 

868 



21,294 

1,004 

1 

13, 820 

691 



7,474 
373 



Cents Mills 



121 
65 



09 
414 



537 

28 



04 
141 



684 



CALDWELL AND NORTHERN RAILROAD COMPANY. 



251 



Caldwell and Northern Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President 


William S. Harvey 

George W. Lex 

Edward L. Perkins 

George 0. Shakespear__ 


Philadelphia, Pa. 
Philadelphia, Pa. 
Philadelphia, Pa. 


Secretary and Treasurer 


Solicitor 


General Manager and Freight Agent 


Lenoir, N. C. 



DIRECTORS. 

William S. Harvey, Philadelphia, Pa. ; Peter Boyd, Philadelphia, Pa. ; Howard T.Goodwin, 
Philadelphia, Pa. ; William J. Merrill, Philadelphia, Pa., George O. Shakespear, Lenoir, N. C. 
John H. Danenhour, Bethpage, Pa. ; Charles H. A. Ruff, Lenoir, N. C. 



PROPERTY OPERATED. 

Lenoir, N. C, to Collettsville, N. C, main line (miles) 

Capital stock 

Capital stock per mile 

Cost of road and equipment 

Gross earnings 

Operating expenses 

Deficit from operation 

Taxes 

Deficit to June 30, 1901 

Deficit to June 30, 1902 



10.60 

5:89,200.00 

8,415.09 

92, 193. 90 

7,662.85 

9,214.80 

1,551.99 

88.56 

5,706.02 

7, 346. 57 



252 



N. C. CORPORATION COMMISSION. 



Carthage F^ailroad Company. 



OFFICERS. 



Title. 



President 

Secretary 

Auditor 

General Manager 



Name. 



J. C. Black 

W. J. Adams 

W. C. Petty, Jr 

W. C. Petty, Lessee. 



Location of Office. 



Carthage, N. C. 
Carthage, N. C, 
Carthage, N. C. 
Carthage, N. C. 



DIRECTORS. 

W. T. Jones, George C. Graves, Jas. D. Mclver, L. P. Tyson, A. H. McNeill, C. J. Shaw, J. C. 
Black, Carthage, N. C. 



PROPERTY OPERATED. 



Carthage Railroad— from Cameron to Hallison (miles). 



18.50 



The Carthage Railroad was leased to W. C. Petty for a term of 97 years, from 1890, who has 
exclusive control of the road. 



CAPITAL STOCK. 



Common— number of shares authorized 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding 

Capital stock per mile 



10,000.00 

$25.00 

250,000.00 

16,050.00 

8,575,60 



OPERATING EXPENSES. 



Maintenance of way and structures. 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Less erroneous charge 



$4,232.75 

884.80 

5,706.23 

1,904.00 



12,727.78 
2,049.00 
10,678.78 



CASHIE AND CHOWAN RAILROAD COMPANY. 
COST OP ROAD AND EQUIPMENT. 



253 



Equipment 

Construction '— 

Construction and equipment per mile 



$11,000.00 
68, 400. 00 
3,692.52 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Deductions from Income— 

Rents paid for lease of road 

Taxes 

Other deductions 

Total deductions from income 

Net income 

Surplus year ending June 30, 1902 

Surplus year ending June 30, 1091 

Surplus on June 30, 1902 



$17,625.07 
10,678.78 



1,440.00 

534.00 

75.00 



$6,946.29 



2,049.00 



4,897.29 
4,897.29 
18,291.50 
23,188.79 



Cashie and Chowan Railroad Connpany. 



OPPICERS. 



Capital stock 

Cost of road 

Cost of equipment ^.. 

Taxes paid 



Title. 


Name. 


Location of Office. 


President ._ _ _. . 


J. I. Deal 


Howard, N. C. 


Treasurer _ _ ., __ _ 


J.C.Johnson _ _ 


Baltimore, Md. 








PROPERTY OPERATED. 


Howard, N. C, to Woods (miles). 
Spurs (miles) 












6 






CAPITAL STOCK. 



$100, 000. oa 

17,500.00 

10,500.00 

373. 42 



254 



N. C. CORPORATION COMMISSION. 



Carolina Northern Railroad Company: 



OFFICERS. 



Title. 


Name. 


Location of Office. 




Augustus Miller _ 


Philadelphia, Pa. 
Philadelphia, Pa. 
Marion S. C. 




Augustus Miller _. 


General Superintendent 


T.C.McNeely 


» 







PROPERTY OPERATED. 




Lumberton,N, C, to Marion, S.C. (miles) _. 


40.24 







CAPITAL STOCK. 



Capital stock 

Funded debt 

Cost of road and equipment _. 
Gross earnings 

Gross earnings per mile 

Operating expenses per mile.. 
Taxes paid in North Carolina. 



$500,000.00 

500,000.00 

1,008,000.00 

26,924.41 

669.09 

456. 95 

810.97 



Carolina and Northwestern Railway Connpany. 



OFFICERS. 




Title. 


Name. 


Location of Office. 


President 


W.A.Barber ^ -. _ . 


New York. 




J.J.McLure 


Chester, S.C. 




M.S.Lewis 


Chester, S.C. 






Chester, S. C. 




E.F.Reid __ 


Chester, S. C. 




L.T.Nichols . . 


Chester, S.C. 




J. W.Fletcher, Jr . -_ _ 


Chester, S.C. 


Sinnpri ntpnrlpnt, of T'plpo-rfl nh 


C. A. Darlton _._ 


Washington, D. C. 









CAROLINA AND NORTHWESTERN RAILWAY COMPANY. 



^55 



DIRECTORS. 

J. L.Agurs, Chester, S.C.; T.H.White, Chester, S.C. ; J.H.Marion, Chester, S.C; W. Holmes 
Hardin, Chester, S.C; J. F. Wallace, Yorkville, S.C; Geo. A. Gray, Gastonia,N.C. ; J.A.Martin, 
Hickorj',N. C. Term expires September, 1902. 



PROPERTY OPERATED— North Caroliua. 

Carolina and Northwestern Railway, from N. C. State Line to Lenoir, N. C. < miles) 
Entire line— Chestei% S. C. , to Lenoir, N. C. (miles) 

CAPITAL STOCK— FUNDED DEBT. 

Capital stock 

Funded debt, (1950) 5 per cent 

Income bonds 

Capital stock per mile 

Bonds— per mile 

Mileage 

Cost of road, equipment and permanent improvements to June 30, 1901— entire line 
Cost of road, equipment and permanent improvements to June 30, 1902 — entire line 
Cost of road and equipment — North Carolina 



72.30 
109.30 



$350,000.00 

450,000.00 

25,000.00 

3,202.00 

4,117.10 

109.30 

134,985.22 

137,743.87 

90, 910. 62 



CURRENT ASSETS AND LIABILITIES. 

ASSETS. 

Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Other cash assets 

Total— cash and current assets . 

Total 

LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Matured interest coupons unpaid (includiog coupons due July 1) 

Total— current liabilities 

Balance— cash assets 

Total 

Materials and supplies on hand, $12,529.63. 



Amount. 



$10,000.00 

1,496.19 

32, 704. 76 

32,117.58 

2, 136. 13 

1, 167. 96 



79, 622. 62 



79, 622. ()2 



40, 962. 72 
5, 052. 87 
7,020.24 
5,006.25 



58,042.08 
21,580.54 



79, 622. 62 



2-56 



N. C. CORPORATION COMMISSION. 



COST OF ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 



Construction— 

Engineering 

Right-of-way and station grounds 

Real estate 

Grading 

Bridges, trestles and culverts 

Ties 

Rails 

Track fastenings 

Frogs and switches 

Ballast 

Track laying and surfacing 

Fencing right-of-way 

Crossings, cattle guards and signs 

Telegraph lines 

Station buildings and fixtures 

Shops, round-houses and turntables. 

Shop naachinery and tools 

Water stations 

Fuel stations i 



Miscellaneous structures— new Gen- 
eral Office 



Legal expenses 

Total construction. 



Expenditures 
During 
Year, Not 
Included in 
Operating 
Expenses, 
Charged.to 
Construction 
or Equip- 
ment. 



$112.93 

4.10 

75.00 

20.40 

258. 83 

385. 10 

62.12 



.55.86 

4.00 

138.91 



780. 44 

26.63 

427. 13 

365. 00 

41.70 



2,758.15 



Total 

Cost to 

June 30, 1901. 



$7, 866. 04 

8,625.48 

1,849.10 

11,981.52 

6,623.58 

8,937.16 

20,421.49 

2,228.99 

962.99 

1,362.66 

6,795.66 

23.15 

141.36 

85.00 

5,971.73 

400. 51 

12, 139. 82 

2,223.71 



1,275.50 
1,932.94 



101,848.39 



Total 

Cost to 

June 30, 1902. 



$7,978.97 

8,629.58 

1,924.10 

12,001.92 

6,882.41 

9,322.26 

20,483.61 

2,228.99 

1,018.85 

1,366.66 

6,934.57 

23.15 

141.36 

85.00 

6, 752. 17 

427. 14 

12,566.95 

2,588.71 

41.70 

1,275.50 
1,932.94 



104,606.54 



Cost 
Per Mile. 



$950.96 



CAROLINA AND NORTHWESTERN RAILWAY COMPANY. 



257 



INCOME ACCOUNT— Entire Line. 



Gross earnings from operation 

Less opei-ating expenses 

Income from operation 

Deductions from Income— 

Interest on funded debt accrued 



Interest on interest-bearing current liabilities accrued, not 
otherwise provided for 



Taxes 

Permanent improvements 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, 1902 

Deficit on June 30, 1899 [from "General Balance Sheet" 1901 re- 
port] 



Surplus on June 30, 1902 
Sheet"] 



[;for entry on " General Balance 



Earnings— North Carolina 

Operating expenses— North Carolina. 
Rentals received 



$167,773.23 
99,853.22 



22,500.00 

49.13 
4,092.25 

2, 758. 15 



38,520.48 
13, 145. 12 



$67, 920. 01 



29,399.53 



38,520.48 



25,375.36 

110,730.33 

65,903,14 

240. 00 



OPERATING EXPENSES— Entire Line. 



Maintenance of way and structures 

Maintenance of equipment 

Conducting transpoi'tation 

General expenses 

Grand total 

Percentage "of expenses to earnings— entire line 

Opekating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina.. 



$20, 806. 81 
13, 945. 45 
53,370.25 
11,730.71 



99,853 22 
59. 51 



13,732.49 
9,204.00 

35,224.38 
7,742.27 

65, 903, 14 
36. 73 



17 



258 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles— 

Total passenger revenue _ 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnuigs froin operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road — 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Number 
Passengers, 
Tonnage 
and Car 
Mileage. 



47, 258 

1,310,686 

11,992 

27. 



63,770 
1,449,753 
20,097 
22. 73 



Revenue and Rates. 



Dollars. 



,810 



34,889 
483 



75, 566 

1 



75,566 
1,047 

1 

110,730 
1,534 



65, 903 
913 



Cents 



44, 827 



MilU. 



906 
159 



-16 



212 



766 



126 



285 



CAROLINA AND NORTHWESTERN RAILWAY COMPANY. 



259 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1901. 


ASSETS. 


Year Ending June 30, 1902. 


Total. 


Item. 


Total. 


Increase. 


$101,848.39 
33,136.83 
33,013.70 

10,613.99 


Cost of road 




$104,606.54 
33,136.83 
79,622.62 

12,529.63 
25,375.36 


$2,758.15 


Cost of equipment 




Casti and current assets 




46, 608. 92 


OTHER ASSETS. 

Materials and supplies 


$12,529.63 


1,915.(^ 


Profit and loss 






Grand total 






188 612.91 




255,270.98 


66,658.07 




LIABILITIES. 

Capital stock 




2, 000, 000. 00 


2,000,000.00 

1,320,000.00 

53,035,83 

5,006,25 


2,000,000.00 
1,320,000.00 




1,320,000.00 
59,347.54 


Funded debt 




Current liabilities 




Accrued interest on funded debt not 

yet payable. 
Profit and loss 


58,042.08 
25,375.36 














Grand total 






3,379,347.54 




3,403,417.44 


24,069.90 







The officers of the company fail to give the information necessary to a proper balance sheet. 



FREIGHT TRAFFIC MOVEMENT— State of North Carolina. 



Commodity. 



Products of Agriculture— 

Grain 

Flour 

Other mill products 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Products of Animals— 

Live stock 

Dressed meats 

Other packing-house products 

Poultry, game and fish 

Wool 

Hides and leather 



Freight 

Originating 

on this 

Road. 



Whole Tons, 

398 

1,270 

466 

72 

19 

2,212 

1,229 

84 
261 



Freight 
Received 
from Con- 
necting 
Roads and 
other 
Carriers. 



109 



Whole Tons. 

1,900 
744 
579 
298 
102 

3,312 
195 

32 
161 
76 
18 
3 
10 



Total Freight Ton nag( 



Whole 



Tons. 


Per Cent. 


2,298 


2.38 


2,014 


2.08 


1,045 


1.08 


370 


.38 


121 


.13 


5,524 


5.72 


1,424 


1.47 


116 


.13 


422 


.44 


164 


.17 


127 


.14 


12 


.01 


48 


.05 



260 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT— State of North Carolina— Continued. 



Comnioditiy. 



Freight 

Originating 

on this 

Road. 



Freight 
Received 
from Con- 
necting 
Roads and 

other 
Carriers. 



Total Freight Tonnage 



Products of Mines— 

Anthracite coal 

Bituminous coal 

Stone, sand and other like articles 

Salt 

Products of Forest— 

Lumber 

Cross-ties .„__ 

Manufactures— 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, pig and bloom 

Iron and steel i*ails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors and beers 

Household goods and furniture 

Cotton factory products 

Merchandise 

Fertilizer 

Miscellaneous— 

Other commodities not mentioned above- 
Total tonnage— North Carolina 

Total tonnage— entire line 



Whole Tons. 



34 



30,927 
1,125 



515 

237 

354 

1 

620 

54 
102 

59 
767 
3,760 
806 
268 

2,169 



Whole Tons. 
40 

7,918 

97 

393 

18,489 
1,268 

212 

294 

1 

254 

4,057 

1,477 

527 

820 

114 

152 

31 

165 

137 

1,383 

5,175 

873 



31,887 
48,314 



Whole Tons. 

40 

7,918 

196 

427 

46,416 
2,393 

310 

358 
1 

769 
4,294 
1,831 

528 
1,440 

168 

254 
90 

932 
3,897 
2,189 
5,443 

3, 042 



31,883 
48,307 



Per CenL- 
.04 

8.18 
.20 
.45 



63,770 
96,621 



MILEAGE OF LINE OWNED AND OPERATED— By States. 



State or Territory. 


Line Represented by 
Capital Stock. 


Total 
Mileage 
Owned. 


Rails. 


Main 

Line. 


Branches 

and 

Spurs. 


Iron. 


Steel. 


South Carolina 


37.00 

72.30 




37.00 
72.30 


80.88 
29.07 


6.12 


01 1h Carolina 




43.23 








Total mileage owned (single track).. 


109.30 




109.30 


59.95 


49.35 







DURHAM AND CHARLOTTE RAILROAD COMPANY. 



261 



Durham and Charlotte Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President and Secretary 


John B. Leming 

J. S. Carr _ _ 


Bridesburg, Pa. 


Second Vice-President 


Durham, N. C. 


.Superintendent, Freight and Pass. Agent 

Auditor 


Frank D, Jones 


Gulf, N. 0. 
Gulf, N. C. 
Frankford, Pa. 


John B. Kennedy 




E. H. Middleton . 




W. A. Guthrie _ 


Durham, N. C. 









DIRECTORS. 

John B. Leming, Bridesburg, Pa. ; E. H. Middleton, Frankford, Pa. ; Julian S. Carr, Durham, 
N. C. ; Wm. A. Guthrie, Durham, N. C. ; Wm. S. Peay, Durham, N. C. 



PROPERTY OPERATED, 

OulftoStar (miles) 

Capital stock 

Gross earnings 

Operating expenses 

Taxes 

Net income 

Cost of road and equipment 

Cost per mile 

Passenger earnings 

Freight earnings 

Funded debt is not given 



3S. 75 

None issued. 

$14,812.82 

12,069.26 

432.12 

2,311.44 

157,063.20 

4,487.50 

2,305.24 

12,507.58 



262 



N. C. CORPORATION COMMISSION. 



East Tennessee and Western North Carolina F^ailroad 

Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President - 


R. F. Hoke 

John S. Wise 


Raleigh N C 




Philadelphia, Pa. 
Cranberry, N.C. 
Cranberry, N. C. 




J.E.Vance 


Superintendent 


George W.Hardin 



DIRECTORS. 

Frank Firmstone,Easton, Pa.; R. F.Hoke, Raleigh, N. C. ; John S. Wise, H. M. Howe, Calvin 
Pardee, Frank P. Howe, Philadelphia, Pa. ; Mahlem Pitney, Morristown, N. J. 



EARNINGS PROM OPERATION 



Gross earnings — entire line _ _ _ _ 




$95,216.24 
57,949.12 


Operating expenses — entire line . . _. _ 








Income from operation 


37,267.12 
902 70 


Interest on bonds owned _ _ 










Total - _ - 


37,469.82 


Deductions— 






1^10,000.00 
1,045.08 




Interest on current liabilities. _ . _. ._ . 




Taxes. _. _ _ _. _ 


2,879.43 








Total _ _ - _ _- 




13,924.51 






Net income . _ _.. _ _ 


23, 545. 31 








Deficit June 30, 1901 . 


98,571.63 
75,026.32 


Deficit June 30, 1902 








8,401.44 
5,113.14 













EAST CAROLINA RAILWAY COMPANY. 



263 



PROPERTY OPERATED IN NORTH CAROLINA. 

Cranberry Iron and Coal Company (operated by East Tennessee and Western 
North Carolina Railroad Co. ), Jrom Cranberry Lo State line (miles) 1 

Entire line— Johnson City,Tenii., to Cranberry, N.C. (miles) 

Capital stock— entire line I 

Bonds— entire line | 

Balance -current liabilities 1 

Cost of road— entire line \ 

Cost of equipment— entire line i 



3 

34 

$501,900.00 

250,000.00 

103,433.66 

691,218.02 

89, 109. 32 



East Carolina Railway Company. 



OFFICER. 



President and Manager Henry Clark Bridgers. 



Tarboro, N. C. 



ROAD OPERATED. 



From Tarboro to Farmville (miles) 



24.52 



CAPITAL STOCK. 

Capital stock authorized 

Capital stock paid up 

Cost of road 

Gross earnings 

Operating expenses and all other deductions 

Losses, wrecks, etc ». 



1200,000.00 
55,000.00 
108,000.00 
24,646.00 
23,592.00 
1,054.00 



264 



N. C. CORPORATION COMMISSION. 



Egypt l^ailway Company. 



OFFICERS. 




Title. 


Name. 


Location of Office. 


President and General Manager 


Samuel A. Henszey 


TVpw ^'oi'lr 


Secretary pro tern _ _ 


K. K. Henszey 


New York 


Attorney 

General Manager . 


T. B, Womack 


Raleigh, N. C. 
Cumnock, N.C. 


Acting Superintendent-. 


W.J.Talley 









DIRECTORS. 

Samuel A. Henszey, New York ; K. K. Henszey, New York ; W. J. Talley, Cumnock, N. C. 



PROPERTY OPERATED. 



Cumnock to Colon (miles) 

Capital stock 

Funded debt (interest at 6 per cent). 

Balance current liabilities 

Cost of road 

Cost of equipment 

Gross earnings 

Operating expenses 

Deficit from operation 



$125,000.00 

108,000.00 

60,169.38 

226,326.94 

23,745.92 

5,224.88 

7,581.02 

2,356.14 



INCOME ACCOUNT. 



Gross earnings from operations 

Less operating expenses 

Deficit 

Deductions from Income— 

Interest on funded debt 

Taxes 

Total deductions from income- 
Deficit 



$5,224.88 
7,581.02 



Total deficit on June 30, 1902, including deficit June 30, 1901, 
[for entry on " General Balance Sheet."] 



6,480.00 
188. 40 



12,356.14 



6, 668. 40 
9,024.54 



42,812.87 



LAWNDALE RAILROAD COMPANY. 



2()5 



Linville River Railway Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President and Manager _ 


W.M.Ritter 


Columbus, 0. 


Treasurer. _ 


C.W. Seaman 


Columbus, 0. 


Traffic Manager . __ 


J. Mortimer Jr 


Saginaw, N.C. 









CAPIIAL STOCK, 


Etc. 




Capital stock ,, 


$60,000.00 


Funded Debt 


60,000.00 


Cost of road - - 


120,000.00 


Gross earnings 


25,415.11 


Gross earnings per mile _ _ _ 


2,117.92 


Operating expenses _ _ 


17,231.43 


Operating expenses per mile - _ _ ... 


1, 435. 95 


Taxes paid - _ 


152.50 


Employees _ 


25 







Lawndale Railroad Company. 



OFFICERS. 

Controlled and Managed by H. F. Schenck, Lawndale, N. C. 

PROPERTY OPERATED. 

Lawndale to Schenck's station (miles) !) 

Cost of road $5,777.00 

Gross earnings 8,392.00 

Operating expenses 4,725.00 

This road is owned by the Cleveland Cotton Mills, and is used mainly for transporting the 
freight of this company. 



266 



N. C. CORPORATION COMMISSION. 



Mount Airy and Eastern F^ailway Company. 



OFFICERS. 




Title. 


Name. 


Location of Office. 


President _ 


T. E. Houston __ _ 


Elkhorn, N. C. 


Superintendent 

Receiver 


S. A. White 


Mount Airy, N. C. 
Martinsville, N. C. 


C. B. Kecsee 



PROPERTY OPERATED. 



From Mount Airy, N. C, to point in Virginia— in North Carolina (miles) 



CAPITAL STOCK. 



Capital stock 

Capital per mile 

Gross earnings (Nortli Cai'olina). 

Of expenses 

Taxes paid 



.^25, 990. 00 

5,138.00 

2, 473. 97 

2,377.42 

83. .53 



Northampton and H^i^tford Railroad Connpany. 



OPPICERS. 



Title. 


Name. 


Location of Office. 




Chas. T. Wescott 

W. E. Trenchard 


Baltimore, Md. 


General Manager, etc 


Gumberry, N. C. 



PROPERTY OPERATED. 



From Gumberry, N. C, to Jackson, N. C. (miles). 



NORFOLK AND SOUTHERN RAILROAD COMPANY 

CAPITAL STOCK. 
Capital stock— total amount issued and outstanding 

COST OF ROAD AND EQUIPMENT. 

Equipment 

Construction 

Gross earnings 

Operating expenses 

Income from operation 

Taxes 



26' 



§45,000.00 



No record. 

No record. 

$8, 095. 72 

4,598.20 



3,502.52 
136. 98 



NorfolK and Southern Railroad Connpany. 



OFFICERS. 



Title. 



President 

Vice-President 

Secretary and Treasurer 

Attorney or General Counsel. 

Attorneys 

Auditor 



Name. 



Location of Office. 



John Carstensen New York,N.Y. 

Alfred Skitt New York,N.Y. 

Clarence Morgan New York, N.Y. 

\¥m. H.White ._ Norfolk, Va. 

Pruden & Pruden Edenton,N.C. 



George M. Glazier. 



General Manager I Morris K.King 



Wm. W.King _- 
A. M. Hawkins. 



General ^Juperintendent 

Division Superintendent 

Division Superintendent B.P.Holland 

Acting Superintendent Motive Power ' John Whetstone. 

Engineer of Maintenance of Way.- i F, L. Nicholson __. 

General Freight and Passenger Agent I H. C. Hudgins 



Norfolk, Va. 
Norfolk, Va. 
Norfolk, Va. 
BeJhaven,N.C. 
Norfolk, Va. 
Berkley, Va. 
Norfolk, Va. 
Norfolk, Va. 



DIRECTORS. 

J. Carstensen, New York City ; Alfred Skitt, New York City ; Edward V. W. Rossiter, New York 
City; Walter S. Johnston, New Y'ork City ; Henry Sampson, New York City; Chauncey M. 
Depew, New York City ; Charles F. Cox, New Y'ork City ; George R. Turner, New York City ; W . 
B. Brooks, Baltimore, Md. Term expires March 5, 1903. 



268 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED— Entire Line. 






Terminals. 


Miles of 

Line for 

Each Road 

Named. • 


Name. 


From— 


To- 


Norfolk and Southern Railroad Co___ 


Berkley, Va 

Mackey'sFerry,NC 

Norfolk, Va 

Kempsville, Va._- 


Edenton.N.C — 


75.49 




Belhaven,N.C 


29.80 




Virginia Beach, Va 

Munden Point, Va 


18.86 
22.14 


Total ._ 


146.29 


Miles in North Carolina 




82. 76 











NAME OF STEAMERS, THE EARNINGS AND EXPENSES OF WHICH AFFECT THE 
GENERAL BALANCE SHEET. 

Neuse, Plymouth, M.E.Dickei-man, N.L.Wagner, Haven Belle, Comet, C. W.Pettit, Lucy,Thos. 
Newton, M, E. Roberts, Harbinger, Jno. W. Garrett, two tugs, fifteen car floats, lighters, etc. 



FUNDED DEBT. 



Class of Bond or 
Obligation. 



First mortgage 
First mortgage 



First mortgage 

Total mortgage bonds 
Grand total 



Time. 



Date of 
Issue. 



June 1, 

1891. 



Feb. 



Jan. 26, 
1900. 



When 
Due. 



May 1, 

1941. 

May 1, 
1941. 

May 1, 
1941. 



Amount of ! 

Authorized ! 

Issue Per 

Mile of 

Road. 



■ $10,000.00 



Amount 
Issued. 



$750,000.00 

80,000.00 

520,000.00 



10,000.00 1,350,000.00 



10,000.00 1,350,000.00 



Amount 
Outstand- 
ing. 



$750,000.00 

80,000.00 

520,000.00 



Cash Real- 
ized on 
Amount 
Issued. 



$745,050.00 
88,000.00 



1,350,000.00 833,0.50.00 



1,350,000.00 833,050.00 



Interest. 



Class of Bond or Obligation. 



Rate 
Per 

Cent. 



First .mortgage 

First mortgage 

First mortgage 

Total mortgage bonds . 



When 
Payable. 



May and Nov. 
May and Nov. 
May and Nov. 



Amount 
Accrued Dur- 
ing Year. 



$37,500.00 

4,000.00 

26,000.00 



67,500,00 



Amount 

Paid During 

Year. 



$37,500.00 

4,000,00 

26,000,00 



67,500.00 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



269 



RECAPITULATION. 

FOR MILEAGE OWNED. 



Account. 


Total 

Amcunt 

Outslandiiig. 


Apportion- 
ment to 
Railroads. 


Amount Per 


Mile of Line. 


Miles. 


Amount. 


Capital stock . . _ . . 


^2,000,000.00 
1,350,000.00 




146.28 


$13,671.47 


Bonds 




9 228.24 










Total 


3,3.50,000.00 




146.28 


22,899.71 







COST OP PvOAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 

Cost to June 30, 1901 $3,567,689.02 

Cost to June 30, 1902 3,599,091.19 

Cost per mile 24,602.44 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Miscellaneous income 

Income from other sources 

Total income 

Deductions fro3I Income— 

Interest on funded debt accrued- 



Interest on interest-bearing current liabilities accrued, not other- 
wise provided for 



Taxesi 

Total deductions from income 

Net income 

Dividends, four per cent, common stock 

Total 

Surplus from operations of year ending June 30, 1902 

Surplus on June 30, 1901 [from " General Balance Sheet," 1901 Re- 
port] 



Surplus on June 30, 1902 [for entry on " General Balance Sheet "]. 



$709,388.97 
534. 652. 93 



13,317.48 



67,500.00 

964.38 
23,i)43.91 



80,000.00 



$174, 736. 04 



13,317.48 



188,053.52 



92,408.29 



95,645.23 



80,000.00 



15,645.23 

292,000.40 
307,645.63 



270 



N. C. CORPORATION COMMISSION. 



CURRENT ASSETS AND LIABILITIES. 



ASSETS. 



Cash 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Total— cash and current assets 

Total 

LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts— wages and salaries 

Miscellaneous 

Total— current liabilities 

Balance — cash assets 

Total 



$27,748.39 
14,258.94 
38,284.68 
48,889.21 



129,181.22 



129,181.22 



32,709.82 

87,800.83 

2,584.80 



123, 095. 45 
6,085.77 



129,181.22 





COMPARATIVE GENERAL 


BALANCE SHEET. 




June 30, 1901. 


ASSETS. 


June 30, 1902. 
Total. 


Year Ending June 30, 1902. 


Total. 


Increase. 


Decrease. 


$3,567,689.02 

8,075.00 

171,143.71 




$3,599,091.19 

8,700.00 

129,181.22 

55,098.67 


$31,402.17 
625.00 








Cash and current assets _ _ . ___ 


$41, 962. 49 


32 155 32 


OTHER ASSETS. 

Materials and supplies 


22,943.35 




Grand total 




3,779,063.05 


3,792,071.08 


13,008.03 




LIABILITIES. 

Capital stock 




2,000,000.00 

1,350,000.00 

125,755.18 

11,250.00 

57 47 


2,000,000.00 

1,350,000.00 

123,095.45 

11,250.00 

80.00 
307,645.63 






Funded debt 






Current liabilities 




$2,659.73 


Accrued interest on funded debt not 




Accrued general interest not yet 
pavable _ . 


22.53 
15,645.23 




292,000.40 






Grand total . 




3,779,063.05 


3,792,071.08 


13,008.03 









NORFOLK AND SOUTHERN RAILROAD COMPANY. 



271 



EARNINGS FKOM OPERATION. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 


Actual 
Earnings. 


Passenger— 

Passenger revenue 


$168,731.14 


$197.25 




Less repayments- 
Tickets redeemed ^ 




Excess fares refunded f 










Total deductions _. 


197.25 




Total passenger revenue 




$168,533.89 


Mail. 






12,699.32 
5,437.36 


Express ___ __. 






Extra baggage and storage. 






1,006.81 











Total passenger earnings _ . . 


187,677.38 


Freight— 

Freight revenue _. _ . 


471, 760. 17 


7,561.85 


Less repayments- 
Overcharges to shippers 










Total deductions -_ 


7,581.85 




Total frefght revenue __ _. _ _ 




464,198.32 

4,485.21 

39,633.98 

8,607.60 


Terminal. _.. _ 






Lighterage _. 






Coal sales _ ... . . 














Total freight earnings _._ _ ... 


516,925.11 
881 07 


Other Earnings fro3I Operation— 
Telegraph Companies 






Other sources . _ . _ _ 






3,905.41 








Total other earnings 


4,786.48 
709,388.97 


Total gross earnings from operation— en- 
lire line . _ - . 














MISCELLANEOUS INCOME. 



Item. 



Operating company's steamers . 

Rents and leases 

Old material 

Interest on deposits 

Total 



Gross 
Income. 



$115,935.58 

1, 400. 13 

1,09L41 

557.98 



118,985.10 



Less 
Expenses. 



$105,667.62 



105,667.62 



Net Mis- 
cellaneous 
Income. 



$10,267.96 

1, 400. 13 

1,091.41 

557.98 



13,317.48 



272 



N. C. CORPORATION COMMISSION. 



TRAFFIC AKD MILEAGE STATISTICS— Entire Line. 



Item. 



Passenger Traffic — 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried — miles 

Total passenger revenue 

Average amount received fi'om each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total, Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses pfer train mile 

Income from operation 

Income from operation per mile of road 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



398,440 
8,037,677 
.54, 943 
20.17 



Revenue and Rates. 



495, 491 

24,5:^8,359 
167,737 



Dollars. 



168,533 



187, 677 
1,282 



464, 198 



516,925 

3,533 

3 

709,388 

4,849 

2 

534,652 

3,654 

1 

174,736 

1,194 



Cents Mills. 



298 
097 



061 



684 



263 



694 



579 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



273 



OPERATING EXPENSES. 



Item. 



Aoaount. 



Recapitulation of Operating Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 



$161,338.68 

82,792.65 

248,179.44 

42,342.16 



534,652.93 
75.36 



FREIGHT TRAFFIC MOVEMENT. 



Commodity. 



Products of Agriculture— 

Grain 

Other mill products 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Peanuts 

Products op Animals— 

Live stock 

Dressed meats 

Other packing-house products. 
Poultry, game, and fish 

Products of Forest— 

Lumber 

Logs 

Wood, ties, staves, shingles 

Manufactures— 

Petroleum and other oils 

Naval stores 

Other castings and machinery . 

Fertilizer 

Merchandise 

Total tonnage— Entire line. 

2 18 



Freight 

Originating 

on this 

Road. 



Freight 
Received 
from Con- 
necting 
Roads and 
Other 
Carriers. 



Whole Tons. Whole Tons. 

5,948 



5,679 
490 



8,487 

26,768 

4,619 

422 

286 

604 

14,770 

155,740 

.115,453 

15,433 

829 
1,062 
7,213 

17, 972 
88,463 



470,238 



1,016 
2,121 



22, i: 



25,253 



Total Freight Tonnage. 



Whole Tons. 

5,948 

5,679 
490 

1,016 
10.608 
26,768 

4,619 

422 

286 

604 

14, 770 

155,740 
115,453 
15,433 

829 

1,062 

7,213 

17, 972 

110,579 



495, 491 



Per Cent. 
1.20 
1.15 
.10 
.21 
2.14 
5.40 



.06 
.12 



31.43 
23.30 
3.11 

.17 

.22 

1.45 

3.63 

22.32 



100.00 



27i 



N. C. CORPORATION COMMISSION. 



Norfolk and Western Railway Company. 



OFFICERS. 



Title. 



Chairman of the Board 

President 

Secretary 

Treasurer 

General Solicitor 

Attorney, or Genei-al Counsel 

Comptroller 

Auditor-General 

Auditor, receipts 

General Manager and Vice-President 

General Agent 

General Superintendent 

Engineer Maintenance of Way 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Superintendent of Telegraph 

Superintendent of Terminals 

General Freight Agent 

Assistant General Fi'eight Agent 

General Passenger Agent 



Name. 



Henry Fink 

F J. Kimball 

A.J.Hemphill 

William G. McDowell 

Joseph I. Doran 

Victor Morawetz 

M.C.Jameson 

Joseph W. Coxe 

Walter McDowell 

L. E. Johnson 

N. M. Osborne 

James C. Cassell 

Charles S.Churchill 

Theo. Law, Norfolk Division 

A. C. Needles, Shenandoah Division. 

J. W. Cook, Radford Division 

V. A. Riton, Pocahontas Division 

J. P. Connors, Scioto Division 

W. C. Walstrum 

E.S.DuBarry 

T.S.Davant 

O.Howard Royer 

W. B. Bevill 



Location of Office. 



New York, N. Y. 
Philadelphia, Pa. 
Philadelphia, Pa. 
Roanoke, Va. 
Philadelphia, Pa. 
New York, N. Y. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Norfolk, Va. 
Roanoke, Va. 
Roanoke, Va. 
Crewe, Va. 
Roanoke, Va. 
Roanoke Va. 
Bluefield,W.Va. 
Portsmouth, Ohio. 
Roanoke, Va. 
Norfolk, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 



ORGANIZATIOIf. 

F.J. Kimball, Philadelphia, Pa.; Henry Fink, New York,N. Y. ; N.H Barnes, Philadelphia, 
Pa.; Joseph I. Doran, Philadelphia, Pa. ; Victor Morawetz, New York.N. Y. ; Walter H. Taylor, 
Norfolk, Va. ; J. Kennedy Tod, New York, N. Y. ; John P. Green, Philadelphia, Pa. ; S. M. Prevost, 
Philadelphia, Pa.; Samuel Rea, Philadelphia, Pa. ; James McCrea, Pittsburg, Pa. Date of expi- 
'-•dtion of term, October 9, 1902. 



NORFOLK AND WESTERN RAILWAY COMPANY. 



275 



PROPEKTY OPERATED. 





Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


Name. 


From- 


To— 


Each Class 
of Roads 
Naaied. 


Norfolk and Western Railway— 


Lambert's Point— 

Lynchburg 

Roanoke 


Columbus, Ohio- 
Durham 


706.07 
115.43 
238. 11 
121.30 
110.75 
43.49 
100.40 
105.92 

10.00 

9.33 

124.20 










Hagerstown 

Winston -Salem- 
Bristol 






Roanoke 




• 


Radford Junction 






North Car. Junct 


Fries 






Graham 


Norton 




Branch 


Portsmouth June. 

Petersburg 

Glade Spring 

Line of road 


Cincinnati and 
Ivondale. 

City Point 

Saltville 


1,541.47 








Industries 


143.53 


Total 




1,685.00 













CAPITAL STOCK. 



Description. 


Number 

of Shares 

Authorized. 


Par 

Value of 
Shares. 


Total Par 

Value 

Authorized. 


Total 

Amount 

Issued and 

Out- 
standing. 


Dividends Declared 
During Year. 




Rate. 


Amount. 


Capital stock— Common 

Preferred 


8660,000 
230,000 


$100.00 
100.00 


$66,000,000 
23,000,000 


$66,000,000 
23,000,000 


2 
4 


$1,289,384.00 
910,014.00 


Total 


890,000 


100:00 


89,000,000 


89,000,000 




2,199,398.00 





EECA.PITULA.TION OF FUNDED DEBT. 





Amount 
Issued. 


Amount 
Outstanding. 


Interest. 


Class of Debt. 


Amount Ac- 
crued Dur- 
ing Year. 


Amount 

Paid During 

Year. 


Mortgage bonds 


$54,536,300.00 
5,000,000.00 
1,800,000.00 


$53,099,500.00 

2,000.00 

70,000.00 


$2,352,402.23 


$2,326,681.55 


Miscellaneous obligations 


Equipment trust obligations 


5,375.00 


6,887.50 


Total.,- — — 


61,336,300.00 


53,171,500.00 


2,357,777.23 


2,333,569.05 





276 



N. C. CORPORATION COMMISSION. 



CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS. 



Amount. 



Cash 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Other cash assets 

Total cash and current assets 

Balance current liabilities 

Total 

CURRENT LIABILITIES. 

Audited vouchers and accounts 

Wages and salaries 

Dividends not called for 

Matured interest coupons unpaid 

Miscellaneous 

Total current liabilities 

Materials and supplies on hand, $1,262,632.15 



$1,412,095.99 

344,136.92 

442,672.74 

133,376.04 

12,921.25 



2,345,202.94 
1,553,866.31 



).25 



721,588.27 

587,874.94 

1,063.00 

31,749.00 

2,556,794.04 



3,899,069.25 



RECAPITULATION. 
FOR MILEAGE OWNED. 





Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Account. 


Miles. 


Amount. 


Capital stock . 


$89,000,000 

53,101,500 

70,000 


$89,000,000 

53,101,500 

70,000 


1,685 
1,685 
1,685 


$52,819 
31,514 




Equipment trust obligations 


42 






Total 


142,171.500 


142,171,500 




84,375 









NORFOLK AND WESTERN RAILWAY COMPANY. 



27T 



SB 

O 3 



-1^ a 



^1^ 



a 



_ n 0) 






§888 



O CO 



s 


s 


^ 


^ 






cq 


^ 


^ 





O CO 



a § « 

O eS cs 

h:; Ph M 



278 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT— Entire line. 



Gross earnings from, operation . 


$17,552,204.98 
9,683,512.10 




Less operating expenses 








Income from operation 




$7 868 692 88 


Dividends on stocks owned. 


12,600.00 
12,492.38 
49,802.07 




Interest on bonds owned _ _ . 




Miscellaneous income— less expenses _._ _ _ 








Income from other sources _ _ __ 




74,894.45 




2,357,777.23 

452,715.39 

10,000.00 


Total income ___ _ ._ _ 


7,943,587.33 


Deductions from Income— 

Interest on funded debt accrued _ _ __. 


Taxes 




Other deductions— rental leased equipment 








Total deductions from income ___ _ . 




2,820,492.62 






Net income _ _ _ _ _ _# 


5,123,094.71 


Dividends, 2 per cent, common stock_ 


1,289,384.00 
910,014.00 


Dividends, 4 per cent, preferred stock.. 








Total _. . .. 




2,199,398.00 


. 




Surplus from operations of year ending June 30, 1902 


2,923,696.71 

2,633,471.12 
2,741,621.63 
2,815,546.20 


Surplus on June 80, 1901 [from "General Balance Sheet," 1901 
Report] - _ . .__ . _ 




Deductions for year _ _ 


\ 


Surplus on June 30, 1902 [for entry on " General Balance Sheet"] 









STOCKS OWNED. 
A. RAILWAY STOCKS. 



Name. 



Total 
Par Value. 



Valuation. 



Adjustment preferred Norfolk and Western Railway 

Common 

Norfolk and Portsmouth Belt Line Railroad 

lager and Southern Railroad 

Kenona and Big Sandy Railroad 

Southwest Virginia Railroad 

Tug River and North Fork Railroad 

Total 



$247,200.00 

1,530,800.00 

6,200.00 

24,500.00 

49,400.00 

500.00 

2,500.00 



1,861,100.00 



$247,200.00 

1,530,800.00 

6,200.00 

50,000.00 

4,940.00 

100.00 

100.00 



1,839,340.00 



NORFOLK AND WESTERN RAILWAY COMPANY , 



279 



STOCKS OWNED— Continued. 
B. OTHER STOCKS. 



Name. 


Total 
Par Value. 


Rate. 
Per 
Cent. 


Income 

or Dividend 

Received. 


Valuntion. 


Old Dominion Steamship Co 

Virginia Company 


$210,000.00 

100,000.00 

1,113.00 

997,000.00 


6 


$12,600.00 


$158,200.00 
25 000 00 


Sundry stocks— small accounts _ 






170.00 


Pocahuntas Coal and Coke Co . 






500,000.00 




1 




Total 


1,308,113.00 
3,169,213.00 




12,600.00 
19. fion on 


683,370.00 
2 522 710 00 


Grand total A and B 




1 





EARNINGS FROM OPERATIONS 


—State of North Carolina. 




Item. 


Total 

Receipts. 


Deductions 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger— 

Passenger revenue 


$45,737.54 


$887.53 




Total deductions 










Total passenger revenue . _ . 




$44,850.01 
5 597 76 


Mail 






Express . 






2,083.99 








Total passenger earnings _-. . 


52,531.76 


Freight— 

Freight revenue 


248,030.332 






Total deductions 


2,841.34 




Total freight revenue 




245,188.98 
245 188 98 


Total freight earnings 














Total passenger and freight earnings 


297,720.74 


Other Earnings from Operations— 

Rents not otherwise provided for - 


525.00 

341.82 




Other sources . - _ 












Total other earnings - - 




866.82 










Total gross earnings from operation — N. C 


298,587.56 
17,5.52,204.98 


Total gross earnings from operation— entire 
line 













280 



N. C. CORPORATION COMMISSION. 



BONDS OWNED. 
A. RAILWAY BONDS. 



Name. 


Total 
Par Value. 


Rate 

Per 

Cent. 


Income 
or Interest 
Received. 


Valuation. 


First consolidated mortgage, N. and W. Rwy 


$19,800.00 
23,500.00 
57,500.00 
56,000.00 
40,000.00 


1 

1 


$19,750.00 
23,500.00 
57,500.00 
23,750.00 
15,000.00 




5 
5 


$1,290.60 
2,875.00 


Virginia and Carolina Railroad — _ 


Radford Southern Railroad and Mining Co _ 


Marion and Rye Valley Railroad 










Total _ _ 


196,800.00 


1 4. 1 65. 60 


189,500.00 






' 



B. OTHER BONDS. 



Name. 


Total 
Par Value. 


Rate. 

fer 

Cent. 


Income 
or Interest 
Received. 


Valuation. 


Pocahuntas Coal and Coke Co 


$500,000.00 

130,000.00 

700.00 


4 


$8,277.78 


$500,000.00 

130,000.00 

F,9,^ no 


Virginia Company 


Roanoke Railway and Electric Co 


7 


49.00 






Total — - 


630,700.00 
827,500.00 




8,326.78 
12,492.38 


630,525.00 
770,025.00 







RENTALS RECEIVED. 



t)esignation of 
Property. 


Situation of Property 
Leased. 


Name of Company 
Using Property Leased. 


Item. 


Total. 


Tracks 


Columbus, 


Columbus T.&T.Co. 

C. A. & C. Railway 

N.and S.R.R 


$4,999.92 
9,737.76 
1,997.50 






Columbus, — 






Norfolk, Va 












Total „ 




$16,735.18 




Norfolk, Va 


N.and S.R.R __. _ . 


4,977.10 

284.31 

1,850.00 

1,200.00 

360.00 

90.00 

841.54 

478.32 

718.32 




Petersburg, Va _ - 


R. & P. R. R _ -_ __ _ 






Lynchburg Va 


Southern Railway 

C. and V. Railway 

C.and W.R.R ^ 






Lynchburg, Va 






Elkton, Va 






Shenandoah .let. W. Va, 
Bristol, Va _ _. 


B.& O.R.R 






Southern Railway. 
C.& V. Railway. 






Kenona,W.Va 






Kenona, W. Va 


Ohio River R.R 












Total 




10,799.59 














27,534.77 


received. 











NORFOLK AND WESTERN RAILWAY COMPANY. 



281 



OPERATING EXPENSES. 



Item. 



Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total : 

Percentage of expenses to earnings— entire line 

Operating Expenses— North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 



$2,131,048.35 


2,334,585.92 


4,^53, 109. 20 


364,768.63 


9,683,512.10 


55.17 


82,218,47 


46, 137. 90 


87,805.84 


6,283.65 



222, 445. 86 
74.50 





COMPARATIVE GENERAL 


BALANCE SHEET 




June 30, 1901. 




June 30, 1902. 


Year Ending June 30, 1902. 












Total. 




Total. 


Increase. 


Decrease. 


$127,066,208.54 
11,918,391.66 


Cost of road— 


$130,105,569.94 
12, 483, 021. 25 


$3,039,361.40 
564, 629. 59 




Cost of equipment- _ 




3,301,582.50 
1,815,250.00 
2,505,571.16 


Stoclfs owned _ 


2,522,710.00 

770,025.00 

2,345,202.94 




$778,872.50 

1,045,225.00 

160,368 22 










other assets. 




1,091,739.63 


Material and supplies. _ _. . 


1,262,632.15 


170,892.52 






Grand total . 




147.698,743.49 


149,489,161.28 


1,790,417.79 




liabilities. 












89,000,000.00 


Capital stock 


89,000,000.00 






51,283,500.00 


Funded debt _ - _ 


53,171,500.00 


1,888,000.00 




4,216,731.54 


Current liabilities ._ _ 


3,899,069.25 


317,662.29 


565,040.83 


Accrued interest on funded debt not 


603,045.83 
2,815,546.20 


38,005.00 
182,075.08 




2,633,471.12 


Profit and loss __ _ _ 






Grand total _ _. _ _ 




147,698,743.49 


149, 489, 161. 28 


1,790,417.79 











28'2 



N. C. CORPORATION COMMISSION. 



MISCELLA.NEOUS INCOME. 



Item. 


Gro's 
Income. 


Net ' 

IMiscellaneous 

Income. 




$49,802.07 


$49,802.07 




Total.. -- _ _ 


49,802.07 


49,802,07 





EMPLOYEES AND SALARIES— State of North Carolina. 



Class. 


Number. 


Total 
Number 
of Days 
Worked. 


Total 
Yearly Com- 
pensation. 


Average 
Daily 

Compen-^ 
sation. 




6 
15 
16 
15 

39 
47 

7 
15 

8 
11 
13 
66 

1 

3 
78 


2,190 
5,475 
5,842 
5,347 

10,002 

10,002 
2,306 
4,736 
1,580 
3,828 
4,014 

19,731 

105 

1,105 

15, 356 


88,238.12 

10,457.25 
8,917.60 
5,893.80 

43,831.96 
■ 21,915.98 
8, 577. 66 
9,985.06 
2,589.20 
4,867.75 
5,184.00 

20,206.89 

138.22 

1,590.35 

20,496.28 


$3.76 


General office clerks _ _ 


1.91 




1.53 


Other station men ___ ______ _ _ _ 


1.10 


Enginemen . 


4,38 


Firemen 


2.19 


Conductors 


3.72 


Other trainmen 


2.11 


Carpenters 


1.64 




1.27 


Section foremen ._ _ - 


1.29 


Other trackmen _. __ 


1.02 


Switchmen flagmen and watchmen 


1.32 


Telegraph operators and dispatchers 


1.44 


All other employees and laborers 


1.33 






Total (including "General Officers")— 


340 
6 


91, 619 
2,190 


172,890.12 
8,238,12 


1.89 


Less " General Officers " 


3.76 


Total (excluding " General Officers")— 


334 


89,429 


164,652.00 


1.84 






Distribution of Above— 


21 
160 
11 

148 


7,665 
38,723 

3,828 
41,403 


18,695.37 

46,663.40 

4,867.75 

102,663.60 


2.44 


Maintenance of way and structures 

Maintenance of equipment 


L21 
L27 


Conducting transportation 


2.48 






Total (including "General Officers")— 


340 
6 


91,619 
2,190 


172,890.12 

8,238.12 


1.89 


Less " General Officers " 


3.76 






Total (excluding "General Officers")— 


334 
13,489 


89. 429 
3,964,149 


164,652.00 
6,968,820.09 


1.84 


Total (including " General Officers")— en- 
tire line - 


1.76 







NORFOLK AND WESTERN RAILWAY COMPANY. 



283 



TRAFFIC AND MILEAGE STATISTICS— State of North Carolina. 



Items 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles— 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles_. 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total, Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings frona operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



86,448 

1,741,022 

19,388 

20.14 



828,024 

35,913,673 

3,998 

43.37 



Revenue and Rates. 



Dollars. 



44,850 



52,531 

584 



245, 188 



245, 188 

2,729 

1 

298,587 

3,324 

1 

222,445 
2,476 



,141 

847 



Cents Mills 



98 



56 



881 
576 



511 



611 



29 




33 


851 


86 





57 





99 


718 


70 




72 





284: 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— Entire Line. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles— 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles.. 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



2,630,615 

101,275,087 

60,391 



.50 



12,268,100 
3,151,911,924 
1,879,494 

256.92 



Revenue and Rates. 



Dollars. 



2,379,475 



2,822,798 

1,683 

1 



14,594,2^ 



14,594.280 

8,702 
2 

17,552,204 

10,466 

1 

9,683,512 

5,774 

1 

7,868,692 

4.692 



Cents Mills. 



43 



12 



453 
850 



582 



18 961 
463 



277 



792 



NORFOLK AND WESTERN RAILWAY COMPANY. 



285 



TAXES AND ASSESSMENTS OF ALL KINDS. 





Ad Valorem 

Tax on Real 

and Personal 

Property. 


Specific Tax. 


Internal 
Revenue, U. 
S. Govern- 
ment. 




State or Territory. 


On Stocks, 

Bonds, 
Loans, Etc. 


On Gross or 
Net Earn- 
ings, Reve- 
nue or 
Dividends. 


Total. 


Virginia 


$227,400.40 

56,878.60 

1,025.40 

6,336.78 

84,10 

39,616.71 


$11,556.84 

220.00 

2.917.80 

436, 70 


$65,230.32 
19,589.04 




$304,187.56 


West Virginia 




76, 687 54 
3, 943. 20 


Maryland 






122.57 




6,896.05 
84.10 


Kentucky 


. 


Ohio 


10,037.27 


2,538.88 




52, 192. 86 

8,724.08 




$8,724.08 










Total 


331,341.89 


25,168.61 


87,480.81 


8,724.08 


452,715.39 





FREIGHT TRAFFIC MOVEMENT— Entire Line. 



Commodity. 



Products of Agriculture— 

Grain 

Flour 

Other mill products 

Hay 

Tobacco 

Cotton 

Fruit and Vegetables 

Products of Animals— 

Live stock 

Dressed meats 

Other packing-house products 

Poultry, game and fish 

Wool 

Hides and leather 

Products of Mines— 

Anthracite Coal 

Bituminous coal 

Coke 



Freight 

Originating 

on this 

Road. 


Freight 
Received 
from Con- 
necting 
Roads and 
Other 
Carriers. 


Total Freighr Tonnage. 


iV/iole Tons. 


Whole Tons. 


Whole Tons. 


Per Cent. 


85,928 


121,220 


207,048 


1.69 


32,896 


92,732 


125, 628 


1.02 


24,558 


25,206 


49,764 


.40 


21,779 


m,i42 


89,221 


.73 


34,789 


27,297 


62,086 


.51 


407 


24,225 


24, 632 


.20 


61,018 


36,839 


97, 857 


.80 


42,307 


12,-536 


54, 843 


.45 


' 142 


10, 199 


10,341 


.08 


6,430 


35,362 


41,792 


.84 


127 


1,362 


1,489 


.01 


770 


5,228 


5,998 


.05 


9,500 


18,241 


27,741 


.23 


820 


31,935 


32,755 


.27 


5,380,960 


157,353 


5,538,313 


45.14 


1,470,931 


14,722 


1,485,653 


12.11 



286 



N. C. CORPORATION COMMISSION. 
FREIGHT TRAFFIC MOVEMENT— Entire Line— Continued. 



Commodity. 



Products of Mines— Continued, 

Ores 

Stone, sand and other like articles 

Products of Forest— 

Lumber, ____■ 

Manufactures- 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, Pig and Bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick, and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors, and beers 

Household goods and furniture 

Merchandise 

Miscellaneous— 

Other commodities not mentioned above 

Total tonnage— entire line 

Total tonnage— North Carolina 



Freight 

Originating 

on this 

Road. 



Whole Tons. 
456,352 
550,783 

788,356 

5,568 

3,252 

209 

396,019 

1,022 

40,356 

24, 108 

114,634 

2,300 

4,380 

12,201 

10,647 

123,761 

88, 602 



,795,862 
660,763 



Freight 
Received 
from Con- 
necting 
Roads and 

Other 
Carriers. 



Whole 2'ons. 
421,739 
129,097 



33,942 

42,274 

359 

63,505 

47,735 

96,624 

63,867 

63,801 

7,758 

6,368 

10,753 

10, 499 

220, 278 

130,271 



2,472,238 
167,261 



Total Freight Tonnage. 



fVhole Tons. 

878,091 
679, 880 

1,229,825 

39,510 

45,526 

568 

459,524 
48,757 

136,980 
87,975 

178,435 
10,058 
10,698 
22,954 
21,146 

344,039 

218,873 



12,268,100 
828,024 



Per Cent. 
7.16 
5.54 

10.02 

.32 
.37 



3.75 
.40 
1.12 

.72 
1.45 



.19 
.17 

2.81 

1.79 



100.00 
100.00 



MILEAGE. 

A. MILEAGE OF LINE OPERATED (By States) 



State or Territory. 



Virginia 

West Virginia 

Maryland 

North Carolina 

Kentucky 

Ohio 

Total mileage operated (single 
track) 



Line Represented by 
Capital Stock. 



Main 
Line. 



953.90 

240.75 

15.58 

87.34 

29 

243.61 



Branches 
and Spurs. 



91.92 
47.56 



2.48 



1.57 



Total 

Mileage 

Operated. 



1,045.82 

288.31 

15.58 

89.82 

29 

245. 18 



New 
Line Con- 
structed 
During 
Year. 



90 
11.58 



105.92 



1.541.47 



143.53 1,685.00 



118,40 



Rails. 



Iron. 



Steel. 



1,036,16 

288.31 
15.58 



245. 18 



1,675.34 



RALEIGH AND CAPE FEAR RAILWAY COMPANY. 
B MILEAGE OF LINE OWNED (BY States). 



287 



state or Territory. 



Virginia 

West Virginia . 

Maryland 

North Carolina 

Kentucky 

Ohio 



Total mileage owned (single 
track) 



Line Represented by 
Capital Stock. 



MainLine. 



953.90 

240.75 

15.58 

87.34 

29 

243. fix 



Branches 
and Spurs, 



Total 
Mileage 
Owned. 



9L92 

47.56 



1,045.82 

288.81 

15.58 

2.48 ; 89.82 
1 29 



1.57 



245. 18 



1,541.47 ! 



143.53 



1,685.00 



New 
Line Con- 
structed 
During 
Year. 



90 
11.58 



105. 92 



118.40 



Hails. 



Iron. 



9.66 



9.66 



Steel. 



1,036.16 

288.31 

15.58 

89.82 

29 

245. 18 



1,675.34 



New Hanover Transit Connpany. 



PROPERTY OPERATED. 



Cape Fear River to ocean (miles). 



Raleigh and Cape fear Railway Company, 



OFFICERS. 

Name 

John A. Mills 

W. W. Mills 

R. N. Simms 

F T. Ricks -_ 



Title. 

President and General Manager 

Vice-President 

Attorney 

SecretaxT and Treasurer 



Location or Office. 



Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 



288 



N. C. CORPORATION COMMISSION. 



DIRECTORS. 

John A. Mills, Raleigh, N. C; W. W. Mills, Raleigh, N, C; C. G. Latta, Raleigh, N. C; F. T. 
Ricks, Raleigh, N. C; K. B. Johnson, Raleigh, N. C; J. R. Chamberlain, Raleigh, N. C; F. O. 
Moring, Raleigh, N. C. 

PROPERTY OPERATED. 



Raleigh and Cape Fear— Caraleigh Mills to Sippahaw (miles) 

Southern Railway— Raleigh to Caraleigh Mills— trackage rights (miles). 
Total 



19.00 
1.80 



20.80 



CAPITAL STOCK. 



Capital stock 

Funded debt (bonds issued but not sold) 

Cash realized on same (deposited as collateral). 



$110,500.00 
60,000.00 
33,150.00 



CONSTRUCTION AND EQUIPMENT. 



Cost of construction. 
Cost of equipment-- 



$122,087.65 
19,606.22 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses ._. 

Income from operation _. 



Taxes. 



Surplus on June 30, 1902 

Deductions, damages, etc 

Surplus for entry on General Balance Sheet. 



$25, 
13, 



).75 



12,049.95 
416.05 



11,633.90 
2,784.50 



8.849.40 



EARNINGS FROM OPERATION. 



Passenger earnings 

Freight earnings 

Total freight and passenger earnings. 



$.5,651.05 

19,488.70 



25, 139. 75 



RENTS PAID. 



Southern Railway— Caraleigh Mills to Raleigh. 



$1,184.98 



RALEIGH AND CAPE FEAR RAILWAY COMPANY. 



289 



CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS. 



Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Other assets 

Total cash and current assets 

Balance current liabilities 

Total 

CURRENT LIABILITIES, 

Loans and bills payable 

Audited vouchers and accounts 

Total current liabilities 



Amount. 



$3,532.31 


401. 00 


1,362.53 


(5,408.54 


3, 607. 52 


15,310.90 


22,344.47 


37,655.37 


35,872.02 


1,783.35 



37,655.37 





ASSETS. 




Cost of road 


S122,087.65 
19. 606. 22 


Cost of equipment 


Bonds not sold 


60, 000. 00 








Total 


201,693.87 







LIABILITIES. 

Capital stock 

Funded debt 

Liabilities— balance 

Profit and loss 

Total 



$110,500.00 

60,000.00 

22,344.47 

8,849.40 



201,693.87 



19 



290 



N. C. CORPORATION COMMISSION. 



Red Springs and Bownnore Railroad Company. 







OFFICERS. 




Title. 


Name. 


Location of Office. 


President 


W.F.Williams _ _ . _ 


Red Springs. 
Red Springs. 




J. Y. Williams 







PROPERTY OPERATED. 



Red Springs to Bowmore and Wagram (miles) 

Cost of road 

Cost of equipment 

Gross earnings 

Expenses 

Taxes paid 



20 

$38,000.00 

3,000.00 

5,000.00 

5,000.00 

93.50 



SuffolK and Carolina Railway Company 



OFFICERS. 



Title. 



Chairman of the Board 

President 

First Vice-President 

Second Vice-President _ 

Secretary 

Treasurer 

General Solicitor 

Attorney or General Counsel 

Attorney or General Counsel 

Auditor 

General Manager and Freight Agent 
Superintendent 



Name. 



Wm. H. Bosley. 

Wm.H.Bosley 

J.H. Cottman 

Chas. H. Tilghman 
John S. Gittings- — 
Charles P.Pitt,Jr- 

A. H.Taylor 

E.E.Holland 

Pi-uden & Pruden- 

C. L. Hutchins 

George L. Barton __ 
Henry Croker 



Location of Office. 



Baltimore, Md. 
Baltimore, Md. 
Baltimore, Md. 
Baltimore, Md. 
Baltimore, Md. 
Baltimore, Md. 
Baltimore, Md. 
Suffijlk, Va. 
Edenton,N.C. 
Suffi)lk, Va. 
Suffolk, Va. 
Suffolk, Va. 



DIRECTORS. 

Wm. H. Bosley, Baltimore, Md. ; C. H. Tilghman, Baltimore, Md. ; John M. Denison, Baltimore, 
Md. ; W. C. Seddon, Baltimore, Md. ; Charles F. Pitt, Jr., Baltimore, Md. ; Wm. B. Cline, Baltimore, 
Md.; A.H. Rutherford, Baltimore, Md. ; J.H.Cottman, Baltimore, Md. Term expires October, 
1902, or when their successors are chosen. 



SUFFOLK AND CAROLINA RAILWAY COMPANY. 



291 





PROPERTY OPERATED. 








Terminals. 


Miles of 

Line for 

Each 

Road 

Named. 


Miles of 
Line for 


Name. 


From— 


To- 


Each Class 
of Roads 
Named. 


Suffolk and Carolina Railway Co- 
operated in N. C 


Suffolk, Va 

Suffolk, Va 

Brinkley, Va 


Center Hill, N. C - 

Brinkley, Va 

Center Hill, N. C __ 


38 
14 
24 


38 
14 
24 







CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS. 



Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Net trafllc balances due from other companies 

Other cash assets 

Total— cash and current assets 

Balance— current liabilities 

Total 

CURRENT lilABIIilTIES. 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Matured interest coupons unpaid (including coupons due July 1) 

Total— current liabilities 

Total - 

Materials and supplies on hand, $5,324 



Amount. 



$3,553.67 
7,084.22 
1,396.94 

32,855.15 

227.57 
1,184.40 



46,30L95 
23,405.78 



?,707.73 



57,065.00 

8,942.50 

3,000.23 

700.00 



),707,73 



5,707.73 



COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 


Total Cost to 
June 30, 1901. 


Total Cost to 
June 30, 1902. 


Cost Per Mile. 


Total equipment 


$68,454.85 
464,689.83 


$81,582.14 
530,742.47 


$2,146.90 
13, 966. 91 


Total construction _. ________ _ _ 






Grand total cost construction, equipment, etc 

Total cost construction, equipment, etc.— State of 
North Carolina. _ _ . 


533,144.68 
336,722.96 


612,324.61 
386,731.33 


16,113.81 
10,177.14 





292 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 



Gross earnings from operation _ 


$71,941.46 
38,274.43 


< 


Less operating expenses 








Tnp.ome from opevfltion 


33,667.03 




Total income _. _ 


$33,667.03 


Deductions from Income— 

Interest on funded debt accrued __ 


8,400.00 

242.28 
1,250.12 
2,538.59 


Interest on interest-bearing current liabilities accrued, not oth- 
erwise provided for __ _ _ 




Taxes 




Permanent improvements .. 




Total deductions from income 


12, 430. 99 








Net income _ _ _ _ _ 


21,236.04 


Surplus from operations of year ending June 30, 1902 _ _ 




21,236.04 
103, 520. 44 


Surplus on June 30, 1901 [from " General Balance Sheet," 1901 Re- 
port] _ _ 




Surplus on June 30, 1902 [for entry on " General Balance Sheet" 




124,756.48 







EARNINGS FROM OPERATION— North Carolina. 



Item.. 



Passenger— 

Passenger revenue 

Mail 

Total passenger earnings 

Freight— 

Freight revenue 

Total freight earnings 

Total passenger and freight earnings 

Total gross earnings from operation — N. C 

Total gross earnings from operation— entire line. 



Total 

Receipts. 



$4,787.73 



3,779.10 



Actual 
Earnings. 



$5,743.81 



36, 779. 10 



42, 522. 92 
42,522.92 
71,941.46 



SUFFOLK AND CAROLINA RAILWAY COMPANY. 



/ 

293 



OPERATING EXPENSES 

Item. 

Recapitulation of Operating Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General Expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina — 

Maintenance of way and structures 

Maj^ntenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings — North Carolina 



Amount. 



«7,865.25 
5,461.26 

19.310.43 
5,637.49 



], 274. 43 
53.20 



4,967.53 
3,449.22 
12,196.06 
3,560.52 



24,173.33 

56.85 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1901. 



Total. 



$464,689.83 
68,454.85 
70,513.26 
43,436.42 

3,628.92 
2,000.00 



652,723.28 



400,000.00 

140,000.00 

9,202.84 

103,520.44 



652,723.28 





Year Ending June 30, 1902. 




Total. 


Increase. 


Decrease. 


Cost of road 


$530,742.47 
81,582.14 
70,513.26 
46,301.95 

5,324.39 


$66,052.64 
13,127.29 








Other permanent investments 

Cash and current assets _ _ 




2,865.53 
1,695.47 




other assets. 
Materials and supplies 




Sinking fund _ _ 


$2,000.00 








Grand total _. 


734,464.21 




83,740.93 


2,000.00 




liabilities. 
Capital stock _ _ _ 


400,000.00 
140,000.00 
69,707.73 
124,756.48 






Funded debt _ _ . 






Current liabilities. ___ 


60,504.89 
21,236.04 




Profit and loss 








Grand total - 


734,464.21 


81,740.93 









294: 



N. C. CORPORATION COMMISSION, 



TRAFFIC AND MILEAGE STATISTICS— North Carolina. 



Item. 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



Columns for Revenue 
and Rates. 



Passe]?iger Traffic— 

Number of passengers cariled earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried __..'_^ mile8__ 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile ., 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles_. 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total, Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, Etc.— 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 



10,456 
179,494 
4,908 
17.11 



31,974 

837,118 
34,880 
26.18 



46,946 

2.91 

11 

186,021 

24,940 



Dollars. 



4,787 



5,743 
239 



5,77$ 



36,779 
1,532 



45,436 

1,893 

1 

24, 173 
1,007 



21,263 

885 



Cents 



Mills. 



TRANSYLVANIA RAILWAY COMPANY. 



295 



TRAFFIC AND MILEAGE STATISTICS— North Carolina— Continued. 






Item. 


Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 


Revenue and Rates. 


Car Mileage, Etc.— Continvied. 


0.42fi 


Dollars. 


Cents 


Mills. 


1 
Mileage of empty freight cars — south or west 179 2(in 








Average number of freight cars in train 

Average number of loaded cars in train 


10.21 
5.49 
4.72 

21.77 
3.97 

24 














Average number of empty cars in train 








Average number of tons of freight in train 








Average number of tons of freight in each loaded car.. 
Average mileage operated during the year 

























Transylvania Railway Connpany. 



OFFICERS. 



Title. 



President 

Secretary 

Auditor, Freight and Passenger Agent. 
General Manager and Traffic Manager 
Chief Engineer and Superintendent 



Name. 



E.B.Alsop 

C. H. Stolzenback .. 

A.K.Orr __... 

J.F.Hays 

Fleming Ramsaur. 



Location of Office. 



Pittsburg, Pa. 
Pittsburg, Pa. 
Brevard, N. C. 
Brevard, N. C. 
Brevard, N. C. 



DIRECTORS. 

E.B.Alsop,W. P. Patten, C. H. Stolzenback, G.W. Eislenbies, E. H. Jennings, Pittsburg, Pa.: 
J. P. Cunningham, New Castle, Pa. ; J. ¥. Hays, Brevard, N. C. 

PROPERTY OPERATED. 



Hendersonville to Toxaway (miles) 

Trackage rights at Hendersonville (miles). 
Total (miles) 



30.87 
.34 



31.21 



296 



N. C. CORPORATION COMMISSION. 



.CAPITAL STOCK. 



Capital stock 
Funded debt- 
Cost of road _ 



$320,000.00 
160,000.00 
160,000.00 





INCOME 


ACCOUNT. 






Gross earnings - _ 


$24,420.41 
15,100.94 




Less operating expenses 












Income from operation _ _ 




$9,319.47 


Interest on funded debt 


8,640.00 
1,060.15 


Taxes 












Total deductions 




9, 700. 15 


Deficit _ _____ - _ _ . 




80.68 


Surplus June 30, 1901 . 




3,122.39 
2,741.71 


Surplus June 80, 1092 _. _ _ _. 











Warrcnton Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President _ _ 


William J. White 


Warrenton, N. C. 






Warrenton, N. C. 







PROPERTY OPERATED. 



Warrenton to Warren Plains (miles). 



WELLINGTON AND POWELLS\ ILLE RAILROAD COMPANY. 297 



CAPITAL STOCK, Etc 

Capital stock 

Funded debt 

Cost of Road 

Cost of equipment 

Gross earnings 

Operating expenses 

Taxes paid 



$12,300.00 
6,000.00 
14.375.00 
5,925.00 
4,638.00 
3,248.00 



Wellington and Powellsville Railroad Company. 



OFFICERS. 



Title. 



President and Treasurer 

Secretary 

Superintendent 

Freight and Passenger Agent 



Name. 



Horton Corwin, Jr 

W. D. Pruden 

H. T. Waters 

J.L.Bell 



Location of Office. 



Edenton,]Sr.C. 
Edenton,N.C. 
Ahoskie,N.C. 
Windsor, N.C. 



DIRECTORS. 

Horton Corwin, J., Edenton, N. C. ; Mrs. Elizabeth Branning, Edenton, N. C. ; Ed. F. Bran- 
ning, New York; W.D. Pruden, W. H.Coffleld, Edenton, N.C; Mrs. F. I. S. Branning, Bradford, 
Penn. 



PROPERTr OPERATED. 

Windsor, N.C, to Ahoskie,N.C (miles) 

Capital stock 

Capital stock per mile 

Cost of road and equipment 

Gross earnings 

Operating expenses 



24 

$90,000.00 

3,750.00 

166,591.03 

21,876.26 

22,436.89 



298 



N. C. CORPORATION COMMISSION. 



Washington and Plymouth Railroad Connpany. 







, 


Title. 


Name. 


Location of Office. 


President 




Camden, N.J. 
Pine Town. 


General Manager 


S. Parker 


Secretary. 


R.S.Cohn 


Norfolk, Va. 


General Freight Agent __ . 


S. H. Hatton 











PROPERTY OPERATED. 



Washington to Plymouth (miles) 



33 



CAPITAL STOCK. 



Capital stock. 
Funded debt- 



$200, 000. 00 
100,000.00 



This road is a narrow gauge track (3 feet), completed May 1, 1902. 



ASHEVILLE STREET RAILROAD COMPANY. 



299 



STf^EET RAILWAY COMPANIES. 



Asheville Street Railroad Company. 



Title. 



OFFICERS. 



Name. 



Address. 



President 

Secretary 

Treasurer 

Superintendent . 



J. E. Rankin... 
H. M. Francis- . 
H. M. Francis- 
Geo. E. Claflin. 



Asheville, N. C. 
Schenectady, N, Y. 
Schenectady, N. Y. 
Asheville, N. C. 



DIRECTORS. 

J. E. Rankin, Asheville, N. C; H. C. Lewis, Schenectady, N. Y.; H. M. Francis, Schenectady, 
N. Y.; Edward Clark, Schenectady, N. Y.; Jas. O. Carr, Schenectady, N. Y.; Jas. H. Cutler, Boston, 
Mass.; L. L. Whitestone, Schenectady, N. Y. 

PROPERTY OPERATED. 

Length of main track (miles) : 6.61 

Total mileage, including sidings and switches (miles) 6.61 

Mileage within corporate limits (miles) 6.61 

CAPITAL STOCK. 

Capital stock authorized $300, 000. 00 

Capital stock issued and outstanding 267,324,42 

FUNDED DEBT. 
Description- 
First mortgage bonds 1893— twenty years $26,000.00 

Second mortgage bonds 1893— twenty years 74,000.00 

GENERAL EXHIBIT FOR THE YEAR. 

Gross earnings from operations $77,415.62 

Operating expenses 66,461.97 

Income from operation $10,953.65 

Deductions from Income- 
Interest on funded debt 6,000.00 

Taxes 1,200.00 

Total deductions from income 7,200.00 

Net income 3,753.65 



300 N. C. CORPORATION COMMISSION. 



EARNINGS AND EXPENSES OF OPERATION. 

Earnings from Operation — 

Receipts from passengers carried $7i,703. 81 

Receipts from express 1,500.00 

Miscellaneous receipts 4,211.81 

Gross income from operation 77,415.62 

Expenses of Operation- 
Salaries of general officers and clerks 3,000.00 

General office expenses and supplies 1,069.01 

Legal expenses 1,000.00 

Insurance 600.00 

Maintenance of Roadway and Buildings- 
Repair of road bed and track i 8,423.33 

Repaii-s of buildings 701.26 

Repairs of electric line construction . 7,087.96 

Maintenance of equipment 4,232.21 

Transportation Expenses- 
Cost of electric motive power 19,920.00 

Wages and compensation of persons employed in conducting transportation 17, 165. 36 

Rentals for buildings 1,262.84 

Total operating expenses 64,461.97 

EQUIPMENT OWNED. 

Box passenger cars equipped for the electric power 8 

Open passenger cars equipped for the electric power 9 

Total passenger cars, all kinds 17 

Trailers '. 2 



VOLUME OF TRAFFIC. 

Number of passengers carried during year 1,434,060 

Number of passengers carried per mile of track operated 2,048 

Average number of persons employed . 20 



ASHEVILLE ELECTRIC COMPANY. 



301 



Asheville Electric Company. 



OFFICERS. 



Title. 


Name. 


Address. 




J. E. Rankin _ . 


Asheville, N C. 









Secretary 

Treasvirer 

Superintendent . 



H. W. Plummer i Asheville, N. C. 



H. M. Francis. 
Geo. E. Claflin 



Schenectady, N. Y. 
Asheville, N. C. 



DIRECTORS. 
J. E. Rankin, Asheville, N. C; Jas. H. Cutler, Boston, Mass.; John H. McAden, Chaiiotte, 
N. C; J. C. Martin, Asheville, IST. C; W. Talbot Pennineon, Biltmore, N. C. 

PROPERTY OPERATED. 
Street Railway and Electric Light and Power. 

Length of main track (miles) 5.66 

Total mileage, including sidings and switches (miles) 5.66 

Mileage within corporate limits (miles) 5.66 

CAPITAL STOCK. 

Capital stock authorized 5=750,000.00 

Capital vstock issued and outstanding 511,700.00 

Number of shares issued and outstanding 5, 117 

Number of stockholders U 

FUNDED DEBT. 
Description- 
First mortgage 5 per cent bonds, dated May 1, 1901— due 40 years $504,000,00 

GENERAL EXHIBIT FOR THE YEAR. 

Gross income from operations $69,749.73 • 

Operating expenses 51,254.48 

Net income from operation $18,495.25 

Deduction from income — 

Interest on funded debt 25,200.00 

Taxes 2, 100. 00 

Total deductions from income 27,300.00 

Loss 8,804.75 



302 N. C. CORPORATION COMMISSION. 



EARNINGS AND EXPENSES OF OPERATION. 

Earnings from Operation — 

Receipts from passengers carried $28,540.53 

Receipts from electric street lighting 6,000.00 

Receipts from electric lights, residences 32,924.11 

Miscellaneous receipts 2,285.09 

Gross earnings from operation 69,749.73 

Expenses of Operation- 
Salaries of general officers and clerks 5, 400. 00 

General oflace expenses and supplies 4, 722. 48 

Legal expenses 2,000.00 

Insurance 1,500.00 

Maintenance of Roadway and Buildings- 
Repair of road bed and track 2, 042. 87 

Repairs of electric line construction 2,830.26 

Repairs of cars 2,672.04 

Transportation Expenses- 
Care of cars 500.00 

Cost of electric motive power 5,683.28 

Cost of electric motive power lights 16,912.16 

Wages and compensation of persons employed in conducting transportation 5, 786. 85 

Other transportation expenses 1,204.54 

Total operating expenses 51,254.48 



EQUIPMENT OWNED. 

Box passenger cars equipped for the electric power 4 

Open passenger cars equipped for the electric power 4 

Total passenger cars (all kinds) 8 



VOLUME OP TRAFFIC. 

Number of passengers carried during year 570,800 

Number of passengers carried per mile of traek operated 1,009 

Average number of persons employed 12 



ASHEVILLE AND CRAGGY MOUNTAIN RAILWAY COMPANY. 



303 



Asheville and Craggy Mountain Railway Company. 



Title. 



OFFICERS. 



President 
Secretary 
Treasurer 



Name. 



Address. 



Richard S. Howland Asheville, N. C. 

Walter B. Gwyn Asheville, N. C. 

James B. Gay Providence, R. I. 



DIRECTORS. 

Richard S. Howland, Asheville, N. C; Reginald Howland, Asheville, N. C; Walter B. Gwyn, 
Asheville, N". C; M. M. Howland, Providence, R. I.; James B. Gay, Providence, R. I. 



PROPERTY OPERATED. 

Asheville and vicinity. 

Length of main track (miles) 2.64 

Sidings and switches 60 

Total mileage, including sidings and switches 3.24 

Mileage within corporate limits 67 

Mileage outside corporate limits 2.57 

System of electric motive power in use — general electric. Motive power— electricity and steam. 

CAPITAL STOCK. 

Capital stock authorized $500,000.00 

Capital stock issued and outstanding 24,200.00 

Number of shares issued and outstanding 242 

Number of stockholders _* 7 

FUNDED DEBT. 
Description- 
Deed of trust to Central Trust Co., of New York, 6 per cent gold bonds, 

March 15, 1902~outstanding $26,000.00 

Certified to company 30,000.00 

Total authorized ^ 250,000.00 

GENERAL EXHIBIT FOR THE YEAR. 

Gross earnings from operations $10,486.75 

Opei'ating expenses 19, 013. 77 

Loss from operation $8,527.62 



304 



N. C. CORPORATION COMMISSION. 



EARNINGS AND EXPENSES OF OPERATION. 

Earnings from Operation- 
Receipts from passengers carried $4,043.28 

Receipts from freight hauled 3,646.56 

Miscellaneous receipts 2,796.91 

Gross earnings from operation 10,486.75 

Expenses of Operation- 
Salaries of gfeneral officers and clerks 3,204.00 

General office expenses and supplies 1,734.64 

Maintenance of Roadway and Buildings- 
Repairs of cars and motors 5,277.54 

Transportation Expenses- 
Cost of electric motive power and mileage over Asheville Electric Co.'s tracks 2, 477. 74 

Wages and compensation of persons employed in conducting transportation 6,087.40 

Other transportation expenses 232.45 

EQUIPMENT OWNED. 

Box passenger cars equipped for the electric power 2 

Total passenger cars, all kinds 9 

Trailers 7 

Snow plows 19 

Electric motors 1 

VOLUME OF TRAFFIC. 

Number of passengers carried during year {PSfpK;^rpSnSVs!t579} 45, 605 

Number passengers carried per mile of track operated 17,540 

Number of round trips run 2, 021 

Number of car miles run, passengers, freight, construction, etc 44,426.20 



Charlotte Electric Railway, Light and Power Company. 



OFFICERS. 



Title. 


Name. 


Address. 






E.D.Latta. 


Charlotte, N.C. 
Charlotte, N. C. " 
Charlotte, N. C. 












E.D.Latta __ ___ _ 













CHARLOTTE ELECTRIC RAILWAY, LIGHT AND POWER CO. 305 

DIRECTORS. 

E. D. Latta, Charlotte, N. 0. ; E B. Springs, Charlotte, N. C. ; F.B. McDowell, Charlotte, N.C. ; 
J. L. Chambers, Charlotte, N. C. ; M. A. Bland, Charlotte, N. C. 

PROPERTY OPERATED. 

Length of main track (miles) t>. ■> 

Sidings and switches . •> 

Total mileage, including sidings and switches 7.0 

Mileage within corporate limits i 

Mileage outside corporate limits 3 

System of electric motive power in use, General Electric Co, Electricity generated by steam. 

CAPITAL STOCK. 

Capital stock issued and outstanding — $200,000.00 

Number of shares issued and outstanding 2,000 

Number of stockholders 5 

FUNDED DEBT. 
Description— 30 years 5 per cent gold bonds $300,000.00 

GENERA.L EXHIBIT FOR THE YEAR. 

Gross earnings from operation $132,128.52 

Operating expenses 96,925.03 

Income from operation $35,203.49 

Deductions from Income- 
Interest on funded debt 15,000.00 

Taxes 2,000.00 

Total deductions from income 17,000.00 

Net income 18,203.49 

EARNINGS AND EXPENSES OF OPERATION. 
Earnings fiom Operation- 
Receipts from passengers carried $54,784.85 

Receipts from electric street lighting 12,600.00 

Receipts from electric lights, residences 22,603.33 

Receipts from advertising in cars and other sources 827.16 

Miscellaneous receipts, gas 41,413.18 

Gross earnings from operation 132,128.52: 

Expenses of Operation — 

Salaries of general officers and clerks, general office expenses and supplies, and 
legal expenses 18,454.08 

Maintenance of railway, electric light and gas plant 23,391.62 

Transportation expenses, electric light and gas plant 55,079.35 

Total operating expenses . 96,925.08. 

2 20 



306 N. C. CORPORATION COMMISSION. 

EQUIPMENT OWNED. 

Box passenger cars equipped for the electric power 12 

Open passenger cars equipped for the electric power 8 

Total passenger cars (all kinds) 20 

Electric motors 40 

VOLUME OF TRAFFIC. 

Number of passengers carried during year 1,095,697 

Number of passengers carried per mile of track operated 156,528 

Number of round trips run 119,204 

Number of car miles run 953,632 

Average number of persons employed 65 



Consolidated R^ailways Light and Power Company, 
Wilmington, N. C. 



OFFICERS. 



Title. 



Name. 



Address. 



President 

Secretary 

Treasurer 

General Manager, 



Hugh MacRae 
H. Woollcott__ 

R.J.Jones 

A.B.Skelding_ 



Wilmington, N. C. 
Wilmington, N.C. 
Wilmington, N. C. 
Wilmington, N.C. 



DIRECTORS. 

Hugh MacRae, M.F.H.Gouveneur, C. P. Boiles, M. J. Heyer, Geo. R. French, W. L. Parsley, 
C.W.Worth, W.R.Kenan, Oscar Pearsall, Junius Davis, G. H. Smith, J.W.Vernon, J.V. Gran,-' 
ger, James H. Chadbourn, W. W. Randolph, Wilmington, N. C. 

PROPERTY OPERATED. 

Length of main track (miles) 15.85 

Sidings and switches .60 

Total mileage, including sidings and switches 16.45 

Mileage within corporate limits over which electric cars are run 4.95 

Mileage outside corporate limits 10. 90 

System of electric motive power in use — single overhead trolly. 
Motive power— electricity. 



CONSOLIDATED RAILWAYS LIGHT AND POWER COMPANY. 307 

CAPITAL STOCK. 

Capital stock authorized $500, 000. 00 

Capital stock issued and outstanding 450,000.00 

Number of shares issued and outstanding 4,500 

Number of stockholders "- 39 

GENERAL EXHIBIT FOR THE YEA.R. 

Gross earnings from operations 149,528.96 

Operating expenses 31,516.81 

Income from operation §18,012.15 

Deductions from Income- 
Interest on funded debt 6,250.00 

Taxes 2,788.00 



Total deductions from income 9,038.00 



Net income 8,974.15 

EARNINGS AND EXPENSES OF OPERATION. 

Earnings from Operation- 
Receipts from passengers cai-ried $39,652.51 

Receipts from rentals 3,000.00 

Receipts from electric lights, residences 5,200.13 

Receipts from advertising in cars 200.01 

Miscellaneous receipts 1,476.31 

Gross earnings fi-om operation 49,528.96 

Expenses of Operation- 
Salaries of general officers and clerks 2,493.21 

General office expenses and supplies 364.52 

Legal expenses 50.00 

Insurance 273.63 

Maintenance of Roadway and Buildings- 
Repair of road-bed and track 2,469.16 

Repairs of buildings 52.95 

Repairs of electric line construction 700.27 

Maintenance of equipment 364.70 

Repairs of cars 2,508.00 

Transportation Expenses — 

Care of cars 328.07 

Cost of electric motive power 6,990.22 

Wages and compensation of persons employed in conducting transportation 7,924.90 

Damages for injuries to persons 98.95 

Expenses lighting circuits 5, 856. 98 

Other transportation expenses 1,041.25 



Total operating expenses 31, 516. 81 



308 N. C. CORPORATION COMMISSION. 

FUNDED DEBT. 
Description— first mortgage 5 per cent bonds, due 1932 $808,500.00 

EQUIPMENT OWNED. 

Box passenger cars equipped for the electric power 6 

Open passenger cars equipped for the electric power 13 

Total passenger cars, all liinds 19 

VOLUME OF TRAFFIC. 

Number of passengers carried during year 1,034,904 

Number of car miles run 241,577.23 



Durham Traction Company. 



OFFICERS. 



Title. 


Name. 


Address. 




R.H.Wright __. 


Durham, N.C. 
Durham, N.C. 
Durham N C 


StoorAt ji rv-Hnrpasn rpr 


J. S. Manning 


Snr»pri nt.pndPTit, 


W. W.S.Butler 









DIRECTORS. 

R.H.Wright, Durham, N.C; J.S.Carr, Durham, N.C; H.A. Foushee, Durham, N.C; J.S. 
Manning, Durham, N. C ; Samuel Register, Richmond, Va. 

PROPERTY OPERATED, 

Length of main track (miles) 5.9' 

Sidings and switches . 3 

Total mileage, including sidings and switches 6.2 

Mileage within corporate limits 4.2 

Mileage outside corporate limits 2.0 

System of electric power in use, G. E. 54 and 67. Motive power, electric. 

CAPITAI STOCK. 

Capital stock authorized $500,000.00 

Capital stock issued and outstanding 500,000.00 

Number of shares issued and outstanding 5,000 



DURHAM TRACTION COMPANY. • 309 

FUNDED DEBT. 
Description— 30 year 5 per cent bonds issued $3,500.00 

GENERAL EXHIBIT FOR THE YEAR. 

Gross earnings from operations $46,889.49 

Operating expenses 37, 536. 61 

Income from operation 8,852.88 

Miscellaneous Income — 

Total income from other sources than operation 19,360.30 

Gross earnings above operating expenses 28,213.18 

Deductions from Income- 
Interest on funded debt (bonds bearing interest out that period) 12, 000. 00 

Taxes 947. 17 



Total deductions from income 12,947.17 



Net income (to additions and betterments) 15,266.01 

EARNINGS AND EXPENSES OF OPERATION. 
Earnings from Operation- 
Receipts from passengers carried $4,751.20 

Receipts from electric street lighting 6,900.00 

Receipts from electric lights, residences 17,739.34 

Ice receipts 14,825.32 

Miscellaneous receipts 2,173.63 



Gross earnings from operation 46,389.49 

Expenses of Operation- 
Salaries of general officers and clerks 5,500.00 

General office expenses and supplies 900.00 

Legal expenses 415.00 

Insurance 1,663.36 

Ice and electric expenses other than above 27,297.73 

Maintenance of Roadway and Buildings- 
Electric engines and damages 256. 12 

Transportation Expenses- 
Care of cars 30.00 

Cost of electric motive power one month 550.00 

Wages and compensation of persons employed in conducting transportation 800.00 

Damages for injuries to persons 356.00 

Other transportation expenses 68.40 



Total operating expenses 37,536.61 

EQUIPMENT OWNED. 

Box passenger cars equipped for the electric power 8 

open passenger cars equipped for the electric power 4 

Total passenger cars, all kinds 12 



810 



N. C. CORPORATION COMMISSION. 



VOLUME OF TRAFFIC. 

Number of passengers carried during year 109,916 

Number of passengers carried per mile of track operated 18,320 

Number of car miles run 18,493 

Average number of persons employed 20 



The fries Manufacturing and Power Company, Winston- 
Salem, N. C. 



OFFICERS. 



Title. 



President 

Secretary 

Superintendent 



Name. 



Henry E. Fries.. 
Bernard J. Pfohl 
J.J.Sigg 



Address. 



Winston-Salem, N. C. 
Winston-Salem, N. C. 
Winston-Salem, N. C. 



DIRECTORS. 

H. E. Fries, J. W. Fries, N. S. Wilson, F. H. Fries, H. W. Fries, C. B. Watson, J. C. Bessent, W. A. 
Whitaker, E.E.Gray, W.A.Blair, Joe Jacobs, W. M. Nissen, J, A. Vance, Clement Manly, F.C. 
Brown, J. W. Hawes, W. A. Lemlj^ C. D. Ogburn, Winston-Salem; R. B. Haines, Philadelphia, Pa. 



PROPERTY OPERATED. 

Length of main track (miles) 6.1113 

Sidings and switches (miles) 3.0178 

Total mileage, including sidings and switches 9.1291 

Mileage within corporate limits 5 

Mileage outside corporate limits 4. 1291 

System of electric motive power in use— General Electric Co. 
Motive power— electricity and steam. 

CAPITAL STOCK. 

Capital stock authorized $700,000.00 

Capital stock issued and outstanding 674,600.00 

Number of shares issued and outstanding 6,746.00 

Number of stockholders 78 



THE FRIES MANUFACTURING AND POWER COMPANY. 311 

FUNDED DEBT. 
Description— first mortgage 40 years 5 per cent gold bonds outstanding $450,000.00 

GENERAL EXHIBIT FOR THE YEAR. 

Gross earnings from operations $96,815.30 

Operating expenses 64,988.93 

Income from operation 31,326.37 

Deductions from Income- 
Interest on funded debt 22,500.00 

Net income 8,826.37 

Surplus for year ending June 30,1902 8,826.37 

Surplus for year ending June 30,1901 687.86 

Total surplus for year ending June 30,1902 9,514.23 

EQUIPMENT OWNED 

Box passenger ears equipped tor the electric power 9 

Open passenger cars equipped for the electric power 7 

Other passenger cars equipped for the electric power 3 

Total passenger cars, all kinds 19 

Trailers 2 

Electric motors 26 

VOLUME OF TRAFFIC. 

Number of passengers carried during year 857,643 

Number of passengers carried per mile of track operated 93,988 

Number of round trips run 72,863 

Number of ear miles run 328,794 

Average number of persons employed 60 

EARNINGS AND OPERATING EXPENSES. 
Electric Plant- 
Incandescent lighting $10,590.72 

Arc lighting— commercial 1,801.92 

Arc lighting— municipal 6,894.00 

Motors and fans 1,992 25 

Wiring, sales and repairs 7, 106.90 

Passenger traffic 30,236.88 

Freight 4,614.04 

Miscellaneous 380.25 

$63,616.96 

River Plant- 



Electric power 21, 056. 42 

Rents, etc 201.52 



21,257.94 



312 N. C. CORPORATION COMMISSION. 

EARNINGS AND OPERATING EXPENSES— Continued. 
Ice Plant- 
Sales $11,440.40 



§11.440.40 



Grand total earnings 96,315.30 

Operating Expenses— Electric Plant- 
Real estate 287.85 

Station apparatus 345.98 

Lines 273.47 

Arc lamps 221.02 

Cars 2,038.54 

Track 835.83 

River Plants 

Real estate 171. 62 

Motors, generators, transformers, etc 1,825.12 

Lines 69.94 

Ice Plant- 
Real estate 1.02 

Station apparatus 86.00 

87.02 



3, 952. 



2, 060. 68 



11,664.75 



3,879.26 



Grand total maintenance 6,106. 

Generation— Electric Plant- 
Engineers 1.445.29 

Fireman 875. 19 

Coal 3,798.90 

Water 367.52 

Electric power 4,798.47 

Oil, grease and waste 379.38 

River Plant- 
Wages 3, 127.88 

Power 601.49 

Oil, grease and waste 149 89 

Ice Plant- 
Wages . 1,063.26 

Fuel 2, 492. 83 

Water 143.30 

Ammonia, salt, etc 319.22 

Oil, grease and waste 150.39 

4,169.00 

Grand total generation ^ 19,713.01 

Distribution— Electric Plant- 
Lamp renewals 1,076.94 

Meter expenses 199.31 

Interior wiring and fixtures 219.30 

Wiring, sales and repairs 6,364.43 

7,859.98 



I 



GREENSBORO ELECTRIC COMPANY. 



313 



EARNINGS AND OPERATING EXPENSES— Continued, 



River Plant — 

Sub-station expenses. 

Ice Plant- 
Sales and delivery 



Grand total distribution 

Transportation — Electric Plant — 

Superintendent, conductors and mortormen— 

Freight hands 

Car service supplies 

Advertising and attractions 

Grand total transportation 

General Expenses— Electric, River and Ice Plants- 
Officers and clerks 

Office expenses and supplies 



Insurance and taxes { iSSsl'':.!.^:!:!) 

Accidents 

Legal expenses 

Directors' meetings 

Interest, discount and exchange 

Miscellaneous 

Grand total general expense 

Total operating expenses 

Earnings from operation 

Fixed charges 

Balance to surplus 



$453.88 



5, 0(i9. 4() 



007. 57 
735. 18 
444.57 
894. 23 



, 790. G4 
518.54 

,259.42 
118.81 
150.00 
21.00 

,247.50 
598. 75 



.^453. 88 
5,069.46 



13,383.32 



12. 081.. 55 



13, 704. (56 
64,988.9;i 
31,326.37 
22, ,500. 00 
8,826.37 



Greensboro Electric Company 





OFFICERS. 






Title. 


Na 


me. 


Address. 


President 


John Karr__. 
Z. V. Taylor _ 
M.D. Barr __ 




Hackettstown, N. J. 


Secretary 


Gi'eensboro, N. C. 


Treasurer. . 




29 Broadway, N. Y. 


Manager __ „ 


Z.V.Taylor. 













CAPITAL STOCK. 
Capital stock $250,000.00 

Funded debt 175,000.00 

(Not in operation 12 months. ) 



314: 



N. C. CORPORATION COMMISSION. 



Pinehurst Railroad Company. 



OFFICERS. 



Title. 


Name. 


Address. 


President 


LiConard Tufts 


Boston Mass 


Secretary-Treasurer _ 


Wm.T. Jenney 


Boston, Mass. 


Manager _ • 


T. B. Cotter 


Pinehurst, N.C. 







Capital stock 

Length of line (miles) 

Earnings 

Expenses 



CAPITAL STOCK, Etc. 



115,000.00 

7 

8,573.00 

5,178.41 



Raleigh Electric Company. 



OFFICERS. 



Title. 



Name. 



Addi'ess. 



President 

Secretary 

Treasurer 

Superintendent . 



William J. Andrewi 
Charles C.Johnson . 

B'.H.Briggs 

Charles C.Johnson . 



Raleigh, N.C. 
Raleigh, N. C. 
Raleigh, N.C. 
Raleigh, N. C. 



DIRECTORS. 

John H. McAden, Charlotte, N. C. ; Jas. H. Cutler, Boston, Mass.; V. E.Turnei', A. A. Thomp- 
son, Julius Lewis, A. B. Andrews, William J. Andrews, Raleigh, N. C. 



RALEIGH ELECTRIC COMPANY. 315 



PROPERTY OPERATED. 

Length of main track (miles) _ 4 

Sidings and switciies— Pullen Parlf track }4= 

Total mileage, including sidings and switches 4^/^ 

Mileage within corporate limits 3 

Mileage outside corporate limits 1 

System of electric motive power in use— General Electric Co. 
Motive power— steam. 

CAPITAL STOCK. 

Capital stock authorized $75,000.00 

Capital stock issued and outstanding 58,800.00 

Number of shares issued and outstanding 588 

Number of stockholders 18 

FUNDED DEBT. 
Description— 150 5-30 gold bonds, $500 each, of which 117 are outstanding $58,500.00 

GENERAL EXHIBIT FOR THE YEAR. 

Gross earnings from operations $49,005.12 

Operating expenses 40,640.54 

Income from operation $8,364.58^ 

Deductions from Income- 
Interest on funded debt 2,925.00 

Depreciation 3,759.96 

Total deductions from income ... 6,684.96 

Net income, after deducting $3,759.96 for depreciation 1,679.62 

Surplus for year ending April 30, 1902 1,679.62 

Deficit for year ending April 30, 1901 3,695.01 

Total deficit for year ending April 30,1902 2,015.39 



EQUIPMENT OWNED. 

Box passenger cars equipped for the electric power 3 

Open passenger cars equipped for the electric power 5 

Total passenger cars, all kinds 8 

Trailers 2 

Electric motors 16 



316 N. C. CORPORATION COMMISSION. 



EARNINGS AND EXPENSES OP OPERATION. 

Earnings from Operation- 
Receipts from passengers carried $22,072.30 

Receipts from electric street liglating 5,741.90 

Receipts from electric lights, residences 19,554.54 

Receipts from advertising in cars 144.00 

Miscellaneous receipts and power 1,492.38 

Gross earnings from operation 49,005.12 

Expenses of Operation — 

Salaries of general officers and clerks 3,073.50 

General office expenses and supplies 275.65 

Legal expenses 42.55 

Insurance , 541.64 

Interest on floating debt 1,334,38 

Taxes 834.67 

Maintenance of Roadway and Buildings- 
Repair of road-bedand track 3,380.79 

Repairs of buildings 65.00 

Repairs of electric line construction 1,345.70 

Maintenance of equipment 627.54 

Repairs of cars 5,175.83 

Transportation Expenses- 
Care of cars 859.92 

Cost of electric motive power 14,229.30 

Wages and compensation of persons employed in conducting transportation 4,380.84 

Damages for injuries to persons 161.55 

Other expenses in lighting department 4,311.68 

Total operating expenses 40,640.54 

VOLUME OF TRAFFIC. 

Number of passengers carried during year (approximate) 599,000 

Number of passengers carried per mile of track operated 149,750 

Number of round trips run 22,300 

Number of car miles run 156,000 

Average number of persons employed 45 



THE PULLMAN COMPANY. 



317 



Wilmington Railway Bridge Company, 



( 


OFFICERS. 




Title. 


Name. 


Address. 


President- _ . _„_ __ __ 


Junius Davis _ _ _ _ _ 


Wilmington, N.C. 
Portsmouth, Va. 


Secretary and Treasurer ._ 


J.H.Sharp 









TERMINALS. 

From Hilton, N.C, to Mears Bluff, N.C. (miles) 

Owned and operated jointly by the Atlantic Coast Line and Seaboard Air Line. 



2.40 



CAPITAL STOCK. 

Capital stock ^ $40,000.00 

Funded debt 217,000.00 

Cost of road 257,000.00 

Interest (annual) 10,850.00 



The Pullman Company. 



OFFICERS. 




Title. 


Name. 


Address. 


President _ 


Robert T.Lincoln 


Chicago, Illinois. 
Chicago, Illinois. 
Chicago, Illinois. 
Chicago, Illinois. 


Secretary _ . 


A. S. "Weisenheimer _ 


General Counsel 


John S. Runnels 


Assistant Counsel 


L. E. McPherson 







CAPITAL STOCK. 
Capital stock •_ ^ $12,100,000.00 



318 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED. 

Total length of line over which cars are run (miles) 165,283 

Length of line in North Carolina, as follows : 

Atlantic Coast Line (miles) 288 

Southern Railway (miles) ! 520 

Seaboard Air Line (miles) 316 

Total in North Carolina (miles) 1,124 

(See page 87 for assessment table.) 



Southern Express Company. 



OFFICERS. 



Title. 



Vice-President and General Manager. 

Vice-President 

Traffic Manager 

Superintendent Atlantic Division 

Superintendent Piedmont Division... 

(See page 84 for assessment table.) 



Name. 



Address. 



M.J. O'Brien . 

M.F. Plant 

C. L, Loop 

W.J.Croswell 
O.M.Sadler _. 



New York,N.Y. 
New York,N. Y. 
Chattanooga, Tenn. 
Charlotte, N. C. 
Charlotte, N.C. 



Western Union Telegraph Company. 



OFFICERS. 




Title. 


Name. 


Address. 




Thomas Eckert _ 


New York, N. Y. 


Superintendent Southern Division. 


J. B. Tree __ 


Richmond, Va. 









Date of incorporation, April 2, 1851. Incorporated under Act of April 12, 1848, NeAV York 
Statutes. 

PROPERTY OPERATED. 

United States and to Great Britain— poles and cables (miles) 190,614 

Total length of lines 972,766 

Miles of pole-line in North Carolina ' 3,654 

Miles of wire— North Carolina 15,788 

Capital stock ....$97,340,600.00 

Funded debt - 10,997,864.40 

(For assessment table, see page 89.) ^ 

(Miscellaneous telegraph companies, page 96.) 



REPORTS OF THE CONDITION Of THE STATE, PRIVATE AND SAV- 
INGS BANKS AT THE CLOSE Of BUSINESS ON SEP- 
TEMBER 15, 1902, AS APPEARS FROM THE 
REPORTS FILED IN THE OFFICE 
OF THE COMMISSION. 



320 



N. C. CORPORATION COMMISSION. 



J. H. 



ALAMANCE LOAN AND TRUST COMPANY, BURLINGTON. 

HoT/r, President. J. M, Fix, Treasurer. 



KESOUKCES. 

Loans and discounts- 


$117,380.37 
254. 35 


LIABILITIES. 

Capital stock paid in 


$45,000.00' 


Overdrafts _ — _ 


Surplus fund 


United States bonds on hand 


Undivided profits, less current ex- 




North Carolina State bonds 




3,945.74 


All other stocks, bonds and mort- 




Dividends unpaid ___ 




Notes and bills rediscounted 










15,000.00 


Banking houses, furniture and fix- 


1,312.70 


Time certificates of deposit . 






75,157.06 
10,285.38 




Demand certificates of deposit 

Due to banks and bankers 


Demand loans 




Due from banks and bankers 

Cash items 


21,823.73 
13,054.41 


Cashier's checks outstanding 

Certified checks 


8,246.3& 




Total 




Silver coin, including all minor coin 
currency 


1,752.00 
2,557.00 




National bank notes and other U. S. 
notes 








Total 


157,634.56 


157,634.5ft 







BANK OP ALAMANCE, GRAHAM. 

E. M. A.RMF1ELD, President. Chas. A. Scott, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all nainor coin 

currency 

National bank notes and other U. S. 
notes 



Total 66,449. 



$45,258.06 
1,186.29 



597.65 



14,086.12 
229.29 
500.00 

2,092.52 

2,500.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$19,900.00 
500.00 

602.34 



,500.00 



37,653.54 
294705 



66. 



BANK OP BEAUPORT. 



W. W. Taylor, President. 



T. A. UzzELL, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and naort- 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total 



5.24 



744. 90 



8,452.48 

""moo" 

1,926.76 
2,000.00 



53,018.31 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 53,018.31 



$10,000.00 
1,000.00 

568.78 



40,298.50 

""i;'i5i"03 



REPORT OF THE CONDITION OF STATE BANKS. 



321 



BANK OF BENSON. 



J. D. Parrish, President. 



E. L. Halt., Cashier. 



RESOURCES. 

Loans and discounts 


$20,251.80 
3,176.26 


I.IABILITIES. 

Capital stock paid in _ _ 


$10, 000. 00 


Ovex'drafts 


Surplus fund 




United Staters bonds on hand 


Undivided profits, less current ex- 
penses and taxes paid 




North Carolina Siate bonds ._ _ _ 




833.34 








12.00 


gag> s . _ . _ ._ 


Notes and bills rediscounted— - . 




Premium on bonds 




Bills payable 

Time certificates of deposit 


3, 000. 00 


Banking houses, furniture and fix- 


1,943.91 


1,335.00 
16,018.32 


Al] other real estate owned ___ __ 


Demand certificates of deposit . 








2,554.31 


Due from banks and bankers 

Gash items 


6,800.29 
1,517.60 


Cashier's checks outstanding 

Certified checks..- 


89. 5S 


Gold coin 


Totiil . _ 




Silver coin, includingall minor coin 
currency 






National bank notes and other U.S. 
notes. _ 






Stationery account _ . 


152.69 








Total __ 


33,842.55 


33,842.5.5 









BANE OF CABTHA6E. 



W. J. Adams, President. 



D. S. Ray, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans „ 

Due from banks and bankers 

Cash items 

Gold coin 

Silvercoin, includingall minorcoin 

currency 

National bank notes and other U. S. 
notes 



Total 



$25,527.94 

338.28 



992.68 
1,500.00 
5,000.00 

8,799.07 



160.00 

1,097.67 

900.00 



44,315.64 



liabilities. 

Capital stock paid in ! $10,000.00 

Surplus fund ! 

Undivided profits, less current ex- j 

penses and taxes paid 1,896.34 

Dividends unpaid i_.' 

Notes and bills rediscoanted ! 1,700.00 

Bills payable ' 

Time certificates of deposit j 1,901.07 

Deposits subject tocheck ! 28,657.23 

Demand certificates of deposit ! 

Due to banks and bankers I 

Cashier's checks outstanding \ 161.00 

Certified checks ■ 



Total 44,315.64 



BANK OF CHAPEL HILL. 



J. S. Carr, President. 



A. W. Peace, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United .States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total 36,505.26 



■21 



$19,811.57 



978.45 



10,283. 
529. 



liabilities. 

Capital stock paid in I. 

Surplus fund '. 

Undivided profits, less current ex- i. 

penses and taxes paid 1. 

Dividends unpaid !_ 

Notes and bills rediscounted L 

Bills payable !. 

Time certificates of deposit >. 

Deposits subject to check L 

Demand certificates of deposit . 

Due to banks and bankers 

Cashier's checks outstanding j. 

Certified checks ' 




Total 



322 



N. C. CORPORATION COMMISSION. 



L. A. Bethune, President. 



BANK OP CLINTON. 



H. McKiNNON, Cashier. 



RESOURCES. 

Loans and discounts- . _ . _ . 


$28,772.19 
9,041.11 


LIABILITIES. 

Capital stock paid in 


115,000.00 
1 000 00 


Overdrafts . 




United States bonds on hand 




Undivided profits, less current ex- 




North Carolina State bonds 




731 92 


AH other stocks, bonds and mort- 




Dividends unpaid _ _ __ _ 




gages ._ 


Notes and bills rediscounted 




Premium on bonds . .. . . 








Banking houses, furniture and fix- 


1,472.50 


Time certificates of deposit 




tures ___ . __. _ 


Deposits subject to check 


50 742.49 


All other real estate owned 


Demand certifi<'ates <»f deposit 

Due to banks and bankers 


6,545.80 


Demand loans . _. _ . 




Due from banks and bankers 

Cash items _ .__ _ _ 


30,448.69 


Cashier's checks outstanding 

Certified checks 


337.25 


Gold coin 

Silver coin, including all minor coin 
currency .... 


660.00 

812,97 

3,150.00 


Total 




National bank notes and other U. S. 
notes__ 








Total 


74,357.46 


74,357.46 







BANK OP DAVIE, MOCKSVILLE. 



W. A. Bailey, President. 



T. J. Byerly, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total. 



$36, 101. 12 
18.24 



2,000.00 



2,859.02 



11,900.93 

406 00 

1,000.00 

1,500.91 

2,500.00 



58,286.22 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time cerdficates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$10,000.00 
1,000.00 

1,106.58 



46,100.14 
79^50 



58,286.22 



L. J. Best, President. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S 
notes 



BANK OP DUNN. 



J. W. PuRDiE, Cashier. 



Total. 



$38,782.04 
1,280.02 



2,500.00 
4,000.00 



9,076.91 
1,436.32 



57,075.29 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Dep >sits subject to check 

Demand certifitates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$20,000.00 
2,314.05 



4,650.00 

1,500.00 

2,406.70 

25.144.96 



761.04 
298.54 



Total I 57, 075. 29 



REPORT OF THE CONDITION OF STATE BANKS. 



323 



BANK OP EDENTON. 



Julian Wood, President. 



G. P. Folk, Cashier. 



RESOURCES. 



Loans and discounts 

O verdraf I s 

Uiiilt'd States bonds on hand 

North Carolina State bonds 

Ail other stocks, bonds and mort- 
gages 

Preruiurn on bonds 

Banking houses, furniture and fix- 
tures 

All otht-r real estate owned 

Demand loans 

Due tt\»m banks and bankers 

Ca.sh itetus 

Gt »ld eoi n 

Silver coin, including all minor coin 

currency _• 

National bank notes and other U.S. 
notes 



Total 142, 866. 34 



$74,530. 
231. 



16,000. 
200. 



3,500.00 



4,400. 

34,942. 

188. 

575. 



2,744.06 
5,054.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$25,000.00 
11,500.00 

1,765.15 



103,919. 



32.31 
149.22 



Total 142,; 



,34 



Geo. B. Curtis, President. 



BANK OP ENPIELD. 



IVEY Watson, Cashier, 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carcjlitia State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency -1 

National bank notes and other U. S. 
notes 



Total. 



$74,776. 
352. 



100, 
1,600. 



200, 



17, 166. 

5,317. 

730. 



876.37 
5,975.00 



107,695.07 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$10,000.00 



5,046.76 



5,000.00 
5,334.70 

81,183.24 



1,122.87 
7.50 



107,695.07 



BANK OP PAYETTEVILLE. 



H. W. Lilly, President. 



John C. Haigh, Cashier, 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 

gag^-s 

Premium on bonds 

Banking houses, furnitui'e and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



$304, 
10, 



Total 483,680.10 



155.32 
000.00 



3.000.00 

28,120.66 
723.00 

9,300.00 
11,658.47 



603.23 
432.56 
805.00 



,098.00 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 483, 680. 10 



$180,000.00 



18,839.86 



280,920.57 



3,709.67 
210.00 



324: 



N. C. CORPORATION COMMISSION 



BANK OF FREMONT. 



J. T. aooKS, President. 



CuTLAR Lee, Cashier. 



RESOXJRCES. ; 

Loans and discounts I $35,992.03 

Overdrafts 1,357.16 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- ' 

gages 1 

Premium on bonds I 

Banking houses, furniture and fix- 
tures 1. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency L. 

National bank notes and other TJ. S. j 

notes j 

Revenue account i 99.00 



3,991.80 
1,237.05 
1,429.28 
5,720.69 
10,648.37 



Total. 



),475.38 



LIABILITIES. 



Capital stock paid in . 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



$12,500.00 



825.00 



,057. an 

.338.71 



754.34 



60,475.38 



E. T. White, President. 



BANE OF GRANVILLE, OXFORD. 



H. G. Cooper, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans . 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes-and other U. S. 
notes 



OXFORD SAVINGS BANK. 



$1&5,205.72 
1,970.85 



10,396.25 
1,400.00 



6,014.58 

28,228.23 
217.50 

1, 164. 13 

8,234.00 



Loans and discounts 49,736.60 

Stocks and bonds I 4,700.00 

Cash on deposit I 19,047.93 

Insurance department t 1,000.00 

Furniture and fixtures 306.00 

Total I 297,621.79 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



OXFORD SAVINGS BANK. 

Capital stock 

Deposits 

Undivided profits, less all expenses. 

Total 



$60,000.00 



4,605.79 
'i6'553r4r 



133,390.^8 



6,905.01 
1,376.77 



16,300.00 

56,996.02 

1,494.51 



297,621.79 



REPORT OF THE CONDITION OF STATE BANKS. 



325 



BANK OP GREENVILLE. 



R. L. Davis, President. 



.T. L. Little, Cashier, 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premiutn on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total 314,605.75 



$162,921.30 
11.016.20 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 



2,093.85 



83,085.31 

3,994.89 

500.00 

1,194.20 

49,800.00 



I Dividends unpaid 
. Notes and bills rediscounted— 
J Bills payable 

I Time certificates of deposit 

Deposits subject to check 

. Demand certificates of deposit. 

J Due to banks and bankers 

Cashier's checks outstanding.. 

; Certified checks 



Total !- 314,605.75 



^25,000.00 
15,000.00 

1,529.89 



55,000.00 
'213' 640794 



4,434.92 



BANK OF HENDERSONVILLE. 



J. P. RiCKMAN, President. 



J. A. Maddrey, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



$70,358.93 
160.31 



2,000.00 
214.50 



97,517.95 

53.79 

2,730.00 

1, 110. 17 

10,755.00 



184,900.65 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$27,000.00 
3,000.00 

3,011.98 



12,762.51 
137, 032. 2S 



2,093.90 



184,900.65 



BANK OF KINSTON. 



E. F. Cox, President. 



R. C. Strong, Cashier. 



RESOURCES. 



Loans and discounts 

Overdraf s 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Advance made tf)bacco warehouses 
for sale of leaf tobacco — demand— 



§162, 



Total 294,670.70 



751.40 
281.42 



1,100.00 



5,007.28 



370.53 
544.00 
435.00 

209. 15 

227.00 

744.92 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



S21,000.00 
21,000.00 

7,840.52 



14.750.00 
10,000.00 



199,750.58 

10,000.00 

9,263.03 

1,066.57 



294,670.70 



326 



N, C. CORPORATION COMMISSION. 



BANK OP LEAKSVILLE. 



W. R. Walker, President. 




A. E. MiiiiiNER, Cashier. 


RESOURCES. 

Loans and discounts _ . , 


$53,733.69 
494.61 


LIABILITIES. 

Capital stock paid in _ _ _ 


$10,000.00 
2,000.00 


Overdrafts _ 




United States bonds on hand 


Undivided profits, less current ex- 


North Carolina State bonds 




3,460.90 
8.00 


All other stoclis, bonds and mort- 


- . 


Dividends unpaid 


saeres 


Notes and bills rediscounted 




Premium on bonds _ 




Bills payable 




Banking houses, furniture and fix- 


385.00 
135.00 


Time certificates of deposit 


22,600 71 


tures 


Deposits subject to check 


41 667 46 


All other real estate owned 


Demand certificates of deposit 




Demand loans 


Due to banks and bankers 




Due from banks and bankei's 

Cash items 


19,746.19 

231.27 

1,482.00 

820.06 

2,721.00 


Cashier's checks outstanding 

Certified checks 


11.75 


Gold coin _________ 


Total 




Silver coin, including all minor coin 
currency 




National bank notes and other U. S. 
notes 








Total ^ 


79,748.82 


79,748.82 


' 





BANK OP LEXINGTON. 



G. W. MoNTCASTLE, President. 



W. H. Mendenhall, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total- 



$183, 



341.54 

858.78 



,000.00 

,247.72 



000.00 
292. 02 
122. 10 
162.50 



1, 

1,877.64 

4,580.00 



233,482.; 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers ._ 

Cashier's checks outstanding 

Certified checks 



Total. 



$30,000.00 



14,410.09 

15.00 

14,525.00 

10,000.00 



82,573.17 

72,656.68 

7,616.69 

1,685.67 



233,482.80 



BANK OF LITTLETON. 



J. H. Harrison, President. 




H. F. BoNNEY, Cashier. 


RESOURCES. 


$24,752.34 
1,101.32 


LIABILITIES. 

Capital stock paid in _ _ 


$8,050.00 


Overdrafts 


Surplus fund 


1,225.46 


United States bonds on hand _ 


Undivided profits, less current ex- 
penses and taxes paid 








474.32 


All other stocks, bonds and mort- 




Dividends unpaid _ 






Notes and bills rediscounted 




Premium on bonds 




Bills payable _ _ . _ . 




Banking houses, furniture and fix- 
tures 


386.35 


Time certificates of deposit 




Deposits subject to check _ . 


27, 094. 06 


All other rf>al estate owned 


Demand certificates of deposit 








Due to banks and bankers _ _ _ 




Due from banks and bankers 


5,525.15 

448.37 
282.50 

2,215.16 

2,320.00 


Cashier's checks outstanding 

Certified checks 


187.35 


Gold coin 


Total - - _ 




Silver coin, including all minor coin 
currency 




National bank notes, and other U. S. 
notes _- 








Total 


37,031.19 


37,031.19 









REPORT OF THE CONDITION OF STATE BANKS. 



327' 



BANK OF LUMBERTON. 



A. W. McLean, President. 



C. B. TowNSEND, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All otber stocks, bonds and mort- 
gages 

Preiuium on bonds 

Banliing houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due frona bauks and bankers 

Cash iteois 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



$131,843.01 
4, 039. 44 



1,600.00 
510.00 



33,245.56 
"3'527'50' 
1,321.32 
8,511.00 



214,597.83 



LIABILITIES. I 

Capital stock paid in ' $20,000.00 

Surplus fund ^ 10,000.00 

Undivided profits, less current ex- 
penses and taxes paid 6,839.52 

Dividends unpaid 40.00 

Notes and bills rediscounted 10,000.00 

Bills payable 

Time certificates of deposit 

Deposits subject to check 156,634.81 

Demand certificates of deposit 

Due to banks and bankers > 843.54 

Cashiei-'s checks outstanding ■ 10, 239, 96 

Certified checks 



Total 1 214, J 

I 



BANE OF MADISON. 



J. M. Galloway, President. 



J. O. Ragsdale, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolirja State bonds 

All other stocks, bonis and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate ovs^iiCd 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver com, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total. 



$33, 



636.68 
62.49 



200.00 
,339.39 



1,000 00 

17,528.04 

21.72 

1,265.00 

911.45 

3,684.00 



, 648. 77 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Hills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$10,000.00 



2,741.08 



45,906.00 



849. 74 
151.95 



59,648.77 



BANK OF MAXTON. 



W. J. Edwards, President. 



T. O. Evans, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United Slates bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demacid loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

curr-'ucy 

National bank notes and other U.S. 

notes 

Current expense account 



$82,639.95 
643.93 



Total 109, 640. 10 



3,354.56 



4,558.00 
14,025.94 
4,107.59 



310. 13 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, Jess current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$20,000.00 



3,586.58 
26,770 55 



58,558.71 



471.27 
175.00 



109, 640. 1« 



328- 



N. C. CORPORATION COMMISSION. 



BANK OF MONTGOMERY, TROY. 



W. J. Armfield, Jr., President. 



J. G. ToMLiNSON, Cashier. 



RESOURCES. 

Loans anddiscouats ! $47,013.61 

Overdrafts 1. 

United States bonds on hand | 

North Carolina State bonds | 

All other stocks, bonds and mort- I 

gages ! 

Premium on bonds | 

Banking houses, lurniture and fix- j 

tures 

All other real estate owned ! 618. 11 

Demand loans j 

Due from banks and bankers ! 22,628.87 

Cash items 119 45 

Gold coin 649.50 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 



Total 74,234.06 



2,150.46 
1,054.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand cert1fi<-ates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



110.000.00 
1,000.00 



1,645.97 



8,000.00 
53,038.74 



549.35 



74,234.06 



BANK OF MOORESVILLE. 



J. E. Sherrill, President. 




C. P. McNeely, Cashier. 


RESOURCES. 


857,159.34 
112.28 


LIABILITIES. 


$20,000.00 


Overdrafts . _. 


Surplus fund-. _. .. 


United States bonds on hand 


Undivided profits, less current ex- 
penses 




North Carolina State bonds 




1,964.62 


All other stocks, bonds and mort- 




Dividends unpaid 


gages - _ -- - 


Notes and bills rediscounted 




Premium on bonds 


... 


Bills payable 




Banking houses, furniture and fix- 


2,298.99 


Time certificates of deposit 


18.716.28 


- tures 


Deposits subject to check 


29,727.07 


All other real estate owned 




Demand loans 




Due to banks and bankers 




Due from banks and bankers 

Cash items 


6,358.70 
197.40 
440.00 

968.43 

3,184.00 


Cashier's checks outstanding 

Certified checks 


311. 17 


Gold com 

Silver coiu, including all minor coin 


Total 




National bank notes and other U.S. 
notes 








Total 


70,719.14 


70,719.14 







BANK OP MT. OLIVE. 



W. E. Borden, President. 




M. T. Breazeale, Cashier. 


RESOURCES. 


$28,356.10 


LIABILITIES. 


$10,000.00 
1,000.00 


Overdrafts 


Surplus fund 


United States bonds on hand 




Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds 




1,053.49 
30.00 


All other stocks, bonds and mort- 


3,418.75 


Dividends unpaid __. 


erages 


Notes and bills rediscounted 




Premium on bonds 


Bills payable 




Banking houses, furniture and fix- 
tures 


3,500.00 


Time certificates of deposit... . . . 




Deposits subject to check 


33,657.62 
15,129.37 




Demand certificates of deposit 

Due to banks and bankers 


Demand loans 




Due from banks and bankers 

Cash items 


19,529.65 


Cashier's checks outstanding 

Certified checks 


1,587.87 






Total . 




Silver coin, including all minor coin 
currency 

National bank notes and other U.S. 
notes ... 


653.85 
7,000.00 








Total 


62,458.35 


62,458.35 







REPORT OP THE CONDITION OF STATE BANKS. 



32J 



BANK OF MURPHY. 



R. L. Cooper, President. 




J. H. Carter, Cashier. 


RESOURCES. 

Loans and discounts 


850,820.97 


LIABILITIES. 

Capital stock paid in 

Surplus fund ._ _ _ __ . . 


$10,000.00 
1,000.00 


Overdrafts _ _ _ ___ 


United States bonds on hand 




Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds. _ . _ . 




2,424.09 


All other stocks, bonds and mort- 


2,000.00 


Dividends unpaid 


gages _ _ _ _ 


Notes and bills rediscounted 




Premium on bonds 


Bills payable 




Banking houses, furniture and fix- 


2,790,62 


Time certificates of deposit _ 




tures __ _ _ 




56,341.30 


All other real estate owned 


Demand certificates of deposit 


4,490.33 


Demand loans .. _ . 




3,656.36 
975.35 


Due from banks and bankers 

Cash Items 


17,765.42 
1,883.27 


Cashier's checks outstanding 

Certified checks __ 


Gold coin ._ .. __ . . 


Total 





Silver coin, including all minor coin 
curren y 


745.15 

2,882 00 




National bank notes and other U. S. 
notes 








Total 


78,887.43 


78 887.43 









BANK OF NORTH WILKESBORO. 



J. E. FiNLEY, President. 



R. W. G WYN, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United states bonds on hand 

North Canilina State b<mds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from t>anksand bankers 

Cash items 

God coin 

Silver coin, including all minor coin 

currency 

National bank uotes and other U.S. 
notes 



$107, 



Total. 



041.17 
55.37 



3,000.00 

2,000.00 
202.50 

4,750.00 



139.54 
342.65 
878 50 

064.15 

375.00 



151,848.88 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time ceitificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$20,000.00 
5,000.00 

1,130.75 



26,644.13 
97,810.37 



302.43 
136.20 
825.00 



151,848.88 



BOK OF PEE DEE. 



T. C. Leak, President. 



W. L. Parsons, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and backers 

Cash items 

Gold coin 

Silver coin, including all minor coi n 

currency 

National bank notes and other U.S. 

notes — . 

Revenue stamps 



$184, 
1, 



Total - 



988.30 
441.96 



26,000.00 



,175.00 
,315.67 



642.37 

i80.'oo" 

013.32 

000.00 
40.00 



312, 796. 62 



liabilities. 

Capital stock paid in $24, 950. 00 

Surplus fund 15,000.00 

Ui'divided profits, less currentex- 

penses and taxes paid 10,734.94 

Dividends unpaid 396.00 

Notes and bills rediscounted 

Bills payable 

Ti me certificates of deposit 15, 307. 93 

Deposits suhject to check 241,636.15 

Demand certificates of deposit 

Due to banks and bankers 4,706.60 

Cashier's checks outstanding 65. 00 

Certified checks 



Total 312, 796, 



330 



N. C. CORPORATION COMMISSION. 
BANK OF PLYMOUTH. 



W. T. Old, President. 



Clarence Latham, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United Stales bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banliing houses, furniture and fix- 
tures 

All otber real estate owned 

Demand loans 

Due from banlis and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 



Total- 



ISO, 188. 87 
1,491.16 



3,500.00 



14,220.18 
533. 78 
183.50 

433.25 

1,587.00 



52,087.74 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivideil profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$12,500.00 
425. 00 



1,211.04 



37,951.70 



52,087.74 



BANK OP RANDLEMAN. 



S. Bryant, President. 




J. H. Cole, Cashier. 


RESOURCES. 

Loans and discounts 


$31,854.62 
67.44 


LIABILITIES. 

Capital stock paid in 


$18,250.00 


Overdrafts . ___ 




United States bonds on hand 


Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 




North Carolina State bonds _ 




728.54 


All other stocks, bonds and mort- 






gages. _ -. 


Notes and bills rediscounted 

Bills payable 


3,000.00 


Premium on bonds 




Banking houses, furniture and fix- 


434.21 


Time certificates of deposit . 




tures 


Deposits subject to check 


23,178.84 


All other real estate owned 


Demand certificates of deposit 




Demand loans_- . 


7,059.50 

6,885 76 




2,223.82 
905.72 


Due from banks and bankers 

Cash items . _. . _ 


Cashier's checks outstanding 


Gold coin 


67.50 

1,405.89 

512.00 


Total- - 




Silver coin, including all minor coin 
currency. . 




National bank notes and other U.S. 
notes 








Total ._ 


48,286.92 


48,286.92 







BANK OP RANDOLPH. 



0. R. Cox, President. 




W. J. Armfield, Jr., Cashier. 


RESOURCES. 

Loans and discounts 


$106,012.57 


LIABILITIES. 

Capital stock paid in 


$16,000.00 


Overdrafts 


Surplus fund 


12, 500. 00 






Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds 




3, 148. 90 


All other stocks bonds and mort 




Dividends unpaid 




gages 


Notes and bills rediscounted 

Bills payable 


3,110.60 


Premium on bonds 






Banking houses, furniture and fix- 
tures . _ _. 


1,838.13 


Time certificates of deposit- 




Deposits subject to check 

Demand certificates of deposit— . 


87,254.41 






Demand loans 




Due to banks and bankers .. _ .. 




Due from banks and bankers 


9,676.49 
811.72 
835.00 

943.00 

2,074.00 


Cashier's checks outstanding 

Certified checks ._ 


177.00 


Gold coin _ _ 


Total 





Silver coin, including all minor coin 
currency- _ _ _ _ _ _ 




National bank notes and other U. S. 
notes 








Total 


122,190.91 


122, 190. 91 









REPORT OF THE CONDITION OF STATE BANKS. 



331 



BANK OF RED SPRINGS. 



A. B. Pears ALL, President. 



R. L. Gkeen, Cashier. 



RESOUKCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



$46,340.2] 
36.70 



200.00 
1,785.91 



14,622.45 

518.33 

37.50 

511. 39 

2,137.00 



66, 189. 49 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to bant<s and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$15,000.00 
300.00 



1,362.68 
60.00 



49,316.90 
149^91 



189. 49 



BANK OF REIDSVILLE. 



P. B. Johnston, President. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin ] 

Silver coin, including all minor | 

coin currency y 

National bank notes and other | 
U. S. notes J 



J. F. Watlington, Cashier. 



Total. 



$156, 
5, 



897.24 
815.71 



311.06 
478. 65 
570.51 
378.46 
464.81 



, 027. 94 



,939.38 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payat)le 

Ti me certificates of deposit 

Deposits subject to che< k 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$50,000.00 



10,029.68 

60.00 

46,056.72 



47,019.32 
45,371.59 



402.07 



Total 198.939.38 



BANK OF ROCKY MOUNT. 



Thos. H. Battle, President. 



L. F. TiLLERY, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total . 



$178, 107. 95 
1,901.43 



6,650.00 



16,152.44 

9,810.70 
5.00 

1,139.24 

10,047.00 



223,813.76 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills lediscounted 

Bills payat)le 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$40,000.00 



14,895.46 



165,027.17 



491. 13 

400 00 

3,000.00 



223,813.76 



332 



N. C. CORPORATION COMMISSION. 



BANK OF RUTHERFORDTON. 



D. F, Morrow, President. 



M. H, Morrow, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort,- 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Other resources— county and U. S. 
claims 



Total 35, 180 



$24,352.30 
857.05 



200.00 



5,000.00 
66.00 



826 20 
906 39 
256.00 

861.45 

1,207.00 

647.69 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided pr (fits, less current ex- 
penses and taxHS paid 

Dividt nds unpaid 

Notes and bills rediscounted 

Bills payable 

Time certifioates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due t' > ban ks and ban kers 

Cashier's checks outstanding 

Certified checks 



Total 35, 180. 08 



$10,000.00 
1,600.00 



469. 10 



8,457.70 



5,224.46 

9,428.82 



BANE OF SANFORD. 



W. J. Edwards, President. 



S. P. Hatch, Cashi. r. 



RESOUKCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$67, 



566.18 
946.21 



11,000.00 



Total 100,194.16 



10, 



585.93 
204.59 
000.00 
980.82 



1- 2,910.43 
I 

J 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers : 

Cashier's che< ks outstanding 

Certified checks 



Total 100, 194. 1% 



815,000.00 
2,000.00 

330.85 



80,832.32 
1,418.21 



26.19 



BANK OP SMITHFIELD. 



Allen K. Smith, President. 



C. V. Johnson, Cashier. 



RESOURCES. 



Loans and discounts , 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total 138,101.55 



624. 55 
997.21 



10, 



000.00 
500.00 



,464.25 
304.36 
,005.00 

,715.50 

,367.00 
123. 68 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



125,000.00 
4,000.00 



132.00 
17,998.00 
18,000.00 



72,032.94 



601.35 
10.27 



138,101.55 



REPORT OF THE CONDITION OF STATE BANKS. 



BANK OP TAB BOKO. 
John F. Shackleford, President. 



Jo. J. Green, CavShier. 



RESOURCES. 

Loans and discounts $100,376.41 

Overdrafts 

United Stales bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gage*^ 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items . 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Suspension account — questionable 

paper 

Stationery on hand 



Total 133,063.82 



2,987.46 
2,095.41 



),490.04 



685.00 

3,906.81 

12,000.00 

1,245.91 
326. 78 



LIABILITIES. 



Capital stock paid in 

Su rpl us fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

N'ltes and bills rediscounted 

Bills payable 

Time c^-rtificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Dut- lo banks and bankers 

Ciishier's checks outstanding 

Certified checks 



Total 133,063, 



$25,000.00 

4, 893. as 

429.61 



20,000.00 
15.300.84 
67,439.54 



E. M. Armfield, President. 



BANK OP THOMASVILLE. 



J. L. Armfield, Cashier. 



RESOURCES. 

Iioans and discounts 


$52,351.74 


LIABILITIES. 

(^apital slock paid in 


$6,500.00 
2,500 00 


Overdrafts 


Surplus fund . _. 


United Slates bonds on hand 




Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid. _ . . . 




North Carolina State bonds 




566. 61 


All other stocks,' bonds and mort- 






gages 


Notes and bills rediscounted _ ' 


Premium on bonds _ 




Bills payable. ._ __ _. 




Banking houses, furniture and fix- 


680.00 


Time certifi<*ates of deposit . 




tures 


Deposits subject to check 


57,882.31 


All other real estate owned _ 


Demand certificates of deposit 


Demand loans __ _ 


Due to banks and bankers . 




Due from banks and bankers 


12,051.74 


Cashier's checks outstanding 




Cash items. 


Certified checks. _. 




Gold coin . 


750.00 

615. 44 

1,000.00 


Total 




Silver coin, including all minor coin 
currency _ 




National bank notes and other U. S. 
notes __. _ _ _ _ _ ._ 








Total- _- 


67,448.92 


67,448.92 







BANK OP WADESBORO. 



T. J. Covington, President. 




E. A. Allen, Cashier. 


RESOURCES. 

Loans and discounts ... . - 


$295.45 


LIABILITIES. 


$25,000.00 


Overdrafts ___ ... 


Surplus fund 


United States bonds on hand _ 




Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid . 




North Carolina State bonds 




47 48 


All other stocks, bonds and mort- 






gages. __. . __ 


Notes and bills rediscounted 




Premium on bonds 




Bills payable 




Banking houses, furniture and fix- 




Time certificates of deposit 


2,000.00 


tures _ _ _ 


Deposits sui)ject to check 

Denjand certificates of deposit 


19,529.53 


All other real estate owned _ _ 




Demand loans ... 




Due to banks and bankers 




Due from banks and bankers 

Cash items .. . _ 


41,743.79 


Cashier's checks outstanding 

Certified checks 


3.15 


Gold coin . 


255.00 

893.32 

3,000.00 
392.60 


Total - 




Silver coin, including all minor coin 
currency __ 




National bank notes and other U.S. 
notes 




Expenses ._ _ 








Total 


46,580.16 


46,580.16 







334 



N. C. CORPORATION COMMISSION. 



Seth Bridgman, President. 



BANK OP WASHINGTON. 



Thos. J. Latham, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture aind fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



$142,534.41 
■ 175. 76 



5,800.00 



6,070.81 



21,423.91 
1,642.24 
5,552.25 

1,006.53 

38,983.00 



223,188.91 



r,IABILITITS. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits suhject lo check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$50,000.00 
20,000.00 



5,191.33 



146,942.94 
945.00 



109.64 



223,188.91 



BANK OF WAYNE, GOLDSBORO. 



E. B. Borden, President. 



W. E. Borden, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

"United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages .^ 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$296, 
1. 



Total. 



450.75 
465.75 



17,000.00 



000.00 
561.00 

178.81 

742.85 



587.50 
372. 64 
831.00 



591,190.30 



lilABIIilTIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$125, 
50, 



000.00 
000.00 



,214.58 
452.00 



8, 

294, 

52, 

43, 

1, 



489.74 
968.33 
459.03 
251.48 
355. 14 



Total 591,190.30 



BANK OF WAYNESVILLE. 



Alden Howei.1., President. 




T. C. Skinner, Cashier. 


RESOURCES. 
T.r>nn« nnd disponnts 


$149,272.65 

2,612.82 


LIABILITIES. 

Capital stock paid in 


$40, 000. 00 


Overdrafts 


Surplus fund 


10,000.00 


United States bonds on hand 


Undivided profits, less current ex- 








2,404.18 












Notes and bills rediscounted 

Bills payable - - 




Premium on bonds 






Banking houses, furniturje and fix- 




Time certifi'-ates of deposit 




Deposits subject to check _ __ _ 


117,498.04 


All other real estate owned 


3,538.32 


Demand certificates of deposit 


46,529.53 






Due from banks and bankers 


50,620 33 
7,238.33 
1,145.00 

380.12 

1,934.00 
50.52 


Cashier's checks outstanding 

Certified checks _ _ 


360.34 


Gold coiji 

Silver coin, including all minor coin 


Total - 




National bank notes and other U. S. 
notes 








Total 


216,792.09 


216,792.09 









REPORT OF THE CONDITION OF STATE BANKS. 



335 



BANK OP WELDON. 



W. E. Daniel, President. 



W. R. Smith, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stoclis, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U S. 
notes 



Total-. 



$74,641.20 
291.95 



21,725,00 
500. 00 



15,153.69 

4, 149. 87 

400.00 



116,861.71 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 

denses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit— 

Deposits subject to check ' 

Demand ceitificates ofdepf sit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$20,000.00 
6,000.00 

208.35 



90,653.36 



116,861.71 



BANK OP YOUNGSVILLE, 



J. B. Perry, President. 



. W. G. RiDDiCK, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All o'her real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold c< )i n 

Silvercoin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total 20, 722. 30 



$14,338.47 
3,534.84 



400.00 



1,046.55 

92.74 

7.50 

109. 20 

1, 193. 00 



LIABILITIES. 



j Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

I Bills payablf- 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$5,000.00 
250.00 



303.72 



4,000.00 



10,699.57 



449.34 
19.67 



20,722.30 



BATTERY PARK BANK, ASHEVILLE. 



J AS. P. Sawyer, President. 




J. E. Rankin, Cashier. 


RESOURCES. 


$483,370.94 

11,671.49 

20.00 

12,000.00 

1,000.00 
1,850.00 

17,457.76 
9,645.82 


LIABILITIES. 

Capital stock paid in 

Surplus fund 


$100,000.00 
15,000.00 

19,766.28 


Overdrafts 


United States bonds on hand 

North Carolina State bonds. . 


Undivided profits, less current ex- 
penses and taxes paid 


All other stocks, tmnds and mort- 


Dividends unpaid— 


gages _-- ._ _ _ _ 


Notes and bills rediscounted 




Premium on bonds _ 


Bills payable 




Banking houses, furniture and fix- 


Time certificates of deposit 




tures -__ ... ______ 


Deposits subject to check 


815,285.04 
210 94 


All other real estate owned 


Demand certificates of deposit 

Due to banks and bankers 


Demand loans. _ . _ ._ 


18,651.14 

970. 73 

1,744.83 


Due from banks and bankers 

Cash items _____ _ _ 


323,335.05 
9,328.98 
18,051.00 

8,163.92 

75,734.00 

971,628.96 


Cashier's checks outstanding 

Certified checks 

Total 


Gold coin. _.. _ . _ 


Silvercoin, including all minor coin 
currency 




National bank notes and other U.S. 
notes. _ ___ 








Total _ 


971,628.96 







336 



N. C. CORPORATION COMMISSION. 



BRANCH BANKING COMPANY, 
H. G. Connor, President. 



WILSON. 



J. C. Hales, Cashier. 



RESOURCES. 



$229, 

7, 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all mindr coin 

currency , 

National bank notes and other U. S, j 
notes 14 



735.56 
426.90 



,500.00 

,729.81 



,120.48 
,952.82 
,104.83 
,037.50 

,352.29 

,711.00 



Total I 380,670. 



LIABILITIES. 



Capital stock paid in 

Surplus fund- ., 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Allowance for unearned interest- 



Total. 



$50,000.00 
18,000.00 



11,329.72 



10,000.00 

38,832.99 

250,507.98 



2,000.00 



380,670.69 



BREVARD BANKING COMPANY. 



.1. F. Hays, President. 



J. W. McMiNN, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bond on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



$30,481.37 
181.80 



318. 56 



Total. 



,649.03 
830.75 
302.00 

709.12 

925.00 



LIABILITIES. 



Capital stock paid in 

Surp] us fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$15,000.00 



166.49 



64,731.14 



79, 



'.63 



CAROLINA TRUST COMPANY, RALEIGH. 



W. W. Mills, President. 



Wm. Hayes, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All Other real estate owned ' 

Demand loans--- I 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin i 

currency 

National bank notes and other U.S. 
notes 



719.07 
800.58 



49, 



000.00 

768.38 



Total. 



,375.00 

,368.52 

676.97 

10.00 

141.32 

,100.00 



168,959.84 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks. 



Total- 



$100,000.00 



6,503.60 
14.900.00 



43,650.16 



974.07 

2,882.01 

100.00 



168,959.84 



REPORT OF THE CONDITION OF STATE BANKS. 



CITIZENS BANK, ELIZABETH CITY. 



O. M'MULLAN, President. 



M. R. Griffin, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand.; 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



$107,014.59 
1,778.33 



7,050.00 



Total 168,265.73 



8,700.00 



83,163.51 
275. 10 

2,808.84 

1,793.86 
6,187.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Denaand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



$25,000.00 
2,500.00 

8,912 34 
60.00 



136,482.38 



322. 01 
39.00 



168,265.78 



CITIZENS BANK, FRANKLINTON. 



I. G. Staunton, President. 



Wm. F. Joyner, Cashier. 



RESOURCES, 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense account 



Total. 



$8,617.49 
980.48 



1,210.24 



14.52 

4,528.79 

332.43 

295.00 

407. 25 

2,390.00 
1,117.19 



19,893.34 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$6, 546. GO 



S2. 19 



12,229.50 
'""135^65 



Total. 



19,893.84 



J, B, Owen, President, 



CITIZENS BANK, HENDERSON. 



W. A. Hunt, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Insurance department 

Revenue stamps 



1240, 
13, 



Total 



945. 94 
412.28 



875. 00 
048.60 




380,919.8.' 



■22 



Due to banks and bankers. 
Cashier's checks outstanding- 
Certified checks 



Total 



$100,000.00 
10,000.00 

4,841.06 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex 

penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted j 

Bills payable 

Time certificates of deposit „ 

Deposits subject to check 193,001.78 

Demand certificates of deposit 71, 455. 90 



1,095.40 
365. 51 
160.25 



380,919.85 



338 



N. C. CORPORATION COMMISSION. 



T. A. Green, President, 



CITIZENS BANK, NEW BERN. 



H. M. Groves, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium, on bonds 

Banking houses, furniture and fix- 
tures _' 

All other real estate owned 

Demaiid loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



^143, 
3, 



Total 200,829.38 



247.60 
435. 83 



50.00 
500.00 



,930.00 
,936.03 



933.63 

322. 17 

65.00 

921. 12 

488.00 



t LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$50,000.00 
10,000.00 

11,366.77 



),366.78 
),368.85 



563.32 
163. 66 



200,829.38 



CITIZENS BANK, 



H. R. Scott, President, 



REIDSVILLE. 

Scott Fillmas, Acting Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand -i— 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$232, 
1, 



Total- 



778.04 
424. 11 



1,445.91 



600.00 
949.53 
222. 12 
160.00 

841.15 

030. 00 



258,450.86 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$50,000.00 



58,208.29 
'34,'47r98 



54,125.48 

61,482.72 



162.39 



,450. 



CLAYTON BANKING COMPANY, CLAYTON. 
Ashley Horne, President. C. M. Thomas, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Tota 1 



$22,117.32 
606.64 



2, 716. J 



5,000.00 

8,795.61 

83,61 

1,057.50 

449. 77 

1,615.00 



42,442.33 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less cui'rent ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 42,442.83 



$10,000.00 



)08.67 
12.50 



6,000.00 
"25'52Li6 



REPORT OF THE CONDITION OF STATE BANKS. 



339 



COMMERCIAL BANK, RUTHERFORDTON. 



DPw T. B. Twitty, President. 



J. F. Fl,ack, Cashier. 



RESOURCES. 

Loans and discounts j $24,889.39 

Overdrafts ! 767.78 

United States bonds on hand ' 

North Carolina State bonds 

All other stocks, bonds and mort^ j 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total 34,766.33 



1,000.00 



5,089.55 
451.09 
475.00 



635.52 
1,458.00 



LIABIIilTIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$10,000.00 
1,000.00 



r-55. 65 



21,857.50 



737. 62 
415. 56 



34,766.33 



COMMERCIAL AND FARMERS BANK, RALEIGH. 

J. J. Thomas, President. B. S. Jbrman, Cashier. 



RESOURCES. 



Loans and discounts 

Ovei-d rafts 

United States bonds on band 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$374, 

7, 



130.58 
453.45 



33,175.00 



702. 48 
958.31 
728.44 
991.80 
471.52 
495.00 



4, 

4,079.66 
23,799.00 



Total I 596.985.24 



XIABIT,ITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$100,000.00 
25,000.00 

25,420.36 

"Km'.oo 



397,003.25 



19,061.60 

5,300.03 

200.00 



596,985.24 



DAVIS & WILEY BANK, SALISBURY. 

Theo. F. Kluttz, President. 



O. D. Davis, Cashier. 



resources. 
Loans and discounts 


$144,375.00 
7,394.45 


liabilities. 
Capital stock paid in 


$60,000.00 
22,000.00 




Surplus fund-.. _ 




Undivided profits, less cui'rent ex- 
penses and taxes paid- 






2,542.15 
596 00 


All other stocks, bonds and mort- 


33,000.00 


Dividends unpaid - — - . -.. - 




Notes and bills rediscounted 




Premium on bonds - 


Bills payable 




Banking houses, furniture and fix- 


13,000.00 
3,000.00 


Time certificates of deposit - 




tures _ _ 


Deposits subject to check 


220,794.55 


All other real estate owned 


Demand certificates of deposit 




Due to banks and bankers 


4,932.68 
8,448.73 


Due from banks and bankers 

Cash items. __ _ 


79,584.93 
3,420.85 
11,500.00 

2,879.88 

21,159.00 


Cashier's checks outstanding 

Certified checks- 


Gold coin 


Total 




Sil ver coin, including all minor coin 
currency 




National bank notes and other U.S. 




Total 






319,314.11 


319,314.11 





340 



N. C. CORPORATION COMMISSION. 



FARMERS BANE, 

BoBT. L. Steele, President. 



ROCKINGHAM. 



L S. Covington, Cashier. 



RESOURCES. 



Loans and discovints 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 



Premium on bonds 

Banking houses, furniture and fix- 
tures 

AH other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



$37,369.87 
74.17 



5,800.00 



1,750.00 

51,937.51 

32.43 

330.00 

1,443.54 

3,342.00 



102,079.52 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$15,000.00 



2,150.82 



83,277.04 
"i,"65i.'6& 



102,079.52 



FARMERS AND MERCHANTS BANK, lOUISBURG. 

Wm. Bailey, President. W. J. Byerly, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 




Total. 



2,786.29 



4,994.72 
""775T00' 
2,887.51 
5,128.00 



127,967.29 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$20,950.00 



,047.6(> 



34,300.00 
14,670.75 
48,420.69 



1,774.80 
803.39 



Total 127,967.29 



FARMERS AND MERCHANTS BANK, NEW BERN. 

L. H. Cutler, President. T. W. Dewey, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All otber real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamp check books 



Total 



$127,165.74 

8,590.26 

200.00 

4,000.00 

5,000.00 
12.00 

7,800.00 



16,035.47 

26,4.36.27 

3,080.43 

600.00 

479. 78 

5,687 00 
325. 44 



205,412. 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



$75,000.00 
10,000.00 

1,539.38 



2,;500.0O 



116, 103. 74 

269^27 



205,412.39 



REPORT OF THE CONDITION OF STATE BANKS. 



341 



FIDELITY BANK, DURHAM. 



B. N. Duke, President. 



John F. Wily, Cashier. 



RESOURCES. 

Loans and. discounts ;$o41 

Overdrafts 

United States bonds on liand 

North Carolina State bonds I 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

JBanliing houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



658.74 
232.36 



Total. 



112, 800. 00 



806.00 
459.00 
850. 68 
873.80 
444. 94 
815.00 



4,811.50 
10,703.00 



986,455.02 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Savings deposits 

Revenue stamps 



Total- 



$100, 
100, 



33, 



000.00 
000.00 



102.87 
498.50 



50, 
491, 



596. 94 
464.46 



26, 
4, 

179, 



106.72 
120. 46 
766. 14 
791.70 
7.23 



3,455.02 



GILLAM & LYON, BANKERS, WINDSOR. 

Thomas Gillam, President. 



W. L. Lyon, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

Ail other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total. 



$47,238.59 
2,210.53 



11,379.52 
139. 16 



1,616.36 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks . 



62,584.16 I 



Total- 



$10,000.00 



56.63 



3,895.88 
48, 631. 65 



62,584.16 



GREENSBORO LOAN AND TRUST COMPANY. 



J. \V. Fry, President. 



W. E. Allen, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$458, 
1, 



TotaL 



914. 65 
226. 13 



10,000.00 



35 



600.00 
949.22 



,984.55 
,551.38 
,908.76 
,252.50 

728. 43 

,839.00 



660,954.62 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$100,000.00 
5,000.00 



4,253.57 



40,000.00 
l86^374'04 



23,009. 
2,317. 



660,954.62 



342 



N. C. CORPORATION COMMISSION. 



GREENVILLE BANKING AND TRUST COMPANY. 



L. J. Moore, Presirlent, 



R. J. Cobb, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currencj^ 

National bank notes and other U. S. 
notes 



Total 71,273.65 



$48,633.82 
7,561.53 



1,941.04 



1,000.00 

827. 77 
829.70 



400. 79 
10,079.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$10,500.00 



46o. 49 
1,700.00 

15,500.00 
2,000.00 

40,937.59 



170.57 



n, 273. 65 



G. H. Newby, President. 



HERTFORD BANKING COMPANY. 



L. W. Norman, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total 



$38,867.; 



1,058.55 



1, 601. 64 

8,253.51 

115. 19 

40.00 

553. 12 

1,240.00 



51,729.; 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and banker!* 

Cashier's checks outstanding 

Certified checks 



Total 



$15,000.00 



1,143.41 



5,000.00 
5, 546. 00 
25, 007. 64 



32.34 



51, 729. 



MERCHANTS AND FARMERS BANK, 
E. F. Young, President. 



DUNN. 

V. L. Stephens, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 



Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Stationery and stamp account 



Total. 



$80,946.52 
4,387.14 



1,000.00 



5,000.00 



10,000.00 
11, 610. 05 



16,861.10 



487. 69 



130, 292. 50 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$22,000.00 



5,633.88 
12.00 

9,000.00 
22,546.20 
12, 617. 67 
51,220.75 



2,457.27 
4,804.73 



130, 292. 50 



REPORT OF THE CONDITION OP STATE BANKS. 



143 



MERCHANTS AND PLANTERS BANK, MILTON. 

Jos. A. Hurdle, President. R. L. Walker, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds: 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$25,325.00 



Total 29, 850. 54 



471.50 



1,487.42 
58.80 
600.00 

180. 82 

1,727.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



$3,000.00 



, 4oH. 90 

35.00 

,500.00 



086. 00 
644.22 



453. 00 
40. 42 
3.-1. 00 



29, 850. .54 



MOREHEAD BANKING COMPANY, DURHAM. 

Q,. E. Rawls, President. E. C. Murray, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items .• : 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total. 



$161, 



012.03 
434.57 



28,200.00 



082.00 
223.05 
000.00 
819.77 
748.24 
760.00 



2,182.77 
8,527.00 



,43 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit , 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstunding 

Certified checks 



Total. 



$127,600.00 
20,000.00 

3,4.57.49 
76.50 



25. 49G. 85 
106.407.41 



9, 783. 54 
lt)7.64 



292, 9S(). 43 



MUTUAL AID BANKING COMPANY, 

C. C. Roach, President. 



NEW BERN. 

Jno. H. Fisher, Cashier. 



RESOURCES. 

Loans and discounts 


$3,629.21 
174.32 


LIABILITIES. 

Capital stock paid in 


$983 73 






106 73 


United States bonds on hand 


Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds ... 




■ 78 54 


All other stocks, bonds and mort- 




Dividends unpaid 


23. 20 


gages _ _ _ 


Notes and bills rediscounted 




Premium on bonds 




Bills payable 


'^50 00 


Banking houses, furniture and fix- 


717.78 
290. 10 


Time certificates of deposit 


1.89-^ 95 


tures - _ 


Deposits subject to check 


2 7tio 74 


All other real estate owned __ _ 


Demand certificates of deposit 




Demand loans _ _ 


Due to banks and bankers 




Due from banks and bankers 


378.11 


Cashier's checks outstanding 




Cash items ^ __ . _ 


Certified checks 




Gold coin 


57.50 
324.87 
530.00 


Total 




Silver coin, including all minor coin 




National bank notes and other U.S. 








Total. _- 


6,101.89 


6,101.89 







34:4 



N. C. CORPORATION COMMISSION. 



PAMLICO INSURANCE AND BANKING COMPANY, TARBORO. 

H. L. Staton, President. Job Cobb, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
. notes 



$191,310.38 
3,547.76 



Total. 



2,003.79 
3, 437. 24 



51,744.56 

2,276.89 
200.00 

2,112.06 

7,509.00 



264,141. 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



•$33, 



.00 



42,204.91 



83,925.55 
102,454.04 



551.05 
1,046.13 



264, 141. 68 



O. P. Heath, President. 



PEOPLES BANK, MONROE. 

J. R. English, Vice-President. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Pi'emium on bonds 

Banking houses, furniture and fix- 
tures 

All other i^eal estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes, and other U. S. 
notes 



$213,972.56 
26,337.05 



Total- 



3,908.00 
1,275.96 



28,061.79 

l^ioo'oo' 

1,031.10 
9,225.00 



287,911.46 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$41,100.00 
12,000.00 



250.00 
90,000.00 



49,256.06 

88, 524. 17 

3,925.78 

118.76 

150 00 



Total 287,911.46 



PEOPLES BANK. ROXBORO. 



J. A. Long, President. 



J. L. Bradsher, Cashier. 



resources. 

Loans and discounts $107, 

Overdrafts ! 12, 

United States bonds on hand 

North Carolina State bonds , 

All other stocks, bonds and mort- 

10, 



742.86 
122.50 



gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers__j 

Cash items 

Gold coin 

Sil V er coin, including all minor coin 

currency 

National bank note's and other U.S. 

notes 



Total 



000.00 
800.00 



,800.00 
,400.00 



,429.42 
442. 18 
,500.00 

468.31 

,621.00 



162,326.27 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



$40, 
10, 



000.00 
000.00 

859.84 
7.00 
000.00 
000.00 
666.38 
759. 16 



,953.09 
80.80 



162,326.27 



REPORT OF THE CONDITION OF STATE BANKS. 



345 



PILOT BANK AND TRUST COMPANY, PILOT MOUNTAIN 

R. W. George, President. J. A. Stone, Cashier. 



RESOURCES. I 

Loans and discounts $44,230.49 | 

Overdrafts ' 453.15 

United States bonds on hand ' 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

DeiTiand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 



LIABIIiTIES. 



Total . 



56,201.53 



Capital slock paid in j $20,000.00 

Surplus fund 

Undivided profits, less current ex- 



,200.00 



,008.69 
37.80 
562. 50 

,387.90 



321.00 



penses and taxes paid . 
Dividends unpaid 

Notes and bills rediscounted... 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total . 



1,108.51 



4, 754. 32 
10,000.00 
15,688.71 

4,519.32 



130. 67 



56,201.53 



PLANTERS BANK, ROCKY MOUNT. 



J. C. Braswell, President. 



W. P. Hamilton, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 

"gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency . 

National bank notes and other U.S. 
notes 



Total 187,343.30 



$143,199.50 
5, 162. 19 



2,060.02 



10,512.12 

11,109.07 

1,430.00 

3,077.40 

10,793.00 



LIABILITIES. , 

Capital stock paid in : $40,000.00 

Surplus fund 6,000.00 

Undivided profits, less current ex- j 

penses and taxes paid | 5,757.92 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 30,000.00 

Time certificates of deposit | 

Deposits subject to check j 105,359.08 

Demand certificates of deposit 

Due to banks and bankers ! 10.82 

Cashier's checks outstanding : 200.20 

Certified checks 15.28 



Total. 



187,343.30 



SOUTHERN LOAN AND TRUST COMPANY, GREENSBORO. 

E. P. Wharton, President. R. G. Vaughn, Treasurer. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total. 



$310, 
6, 



073.20 
061.00 



54,120.25 



993.98 
416. 64 
901.01 
860. 17 
276. 83 
705. 00 



2,557.81 



14, 157 



528, 430. l> 



LIABILITIES. 



r'apltal stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due banks and bankers 

Cashier's checks outstanding 

Certified checks 



$100,000.00 
25,000.00 

19, 427. 60 



26,059.86 
20,000.00 



262, 848. 27 

17,000.00 

57, 287. 84 

806. 56 



Total 528,430.13 



346 



N. C. CORPORATION COMMISSION. 



SOUTHERN STATES TRUST COMPANY, CHARLOTTE. 

George Stephens, President. W.H.Wood, Treasurer. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin ^ 

Silver coin, including all m.inorcoin 

currency 

National bank notes and other U. S. 
notes 



Total . 



$249,548.52 
970.34 



3,567.70 



20,199.52 

1,384.24 

245.00 

646. 45 

1,975.00 



278, 536. 77 



LIABILITIES. 



6, 678. 89 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex 

penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted. 

Bills payable 

Time certificates of deposit 

Depositssubject to check ' 115,357.34 

Demand certificates of deposit ' 

Due to banks and bankers , 

Cashier's checks outstanding |___: 

Certified checks 

Ti'ust deposits 



$100,000.00. 



46,500.00 
7,550.00 



Total. 



2,450.54 



278,536.77 



STATESVILLE LOAN AND TRUST COMPANT. 

M. K. Steele, President. D. M. Ausley, Treasurer. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankei-s 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total 



$95, 578. 19 
1,823.09 



1,498.63 



2,000.00 

9,230.18 

339.28 

3,185.00 

1, 281. 66 

5, 601. 00 



120,537.03 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscouuted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Dae to banks and bankers 

Cashier's checks outstanding 

Certi fied checks 



Total 



$25,000.00 



1, 825. 17 
'26^559^05 



54,455.96 

11,058.97 

1,409.42 

228.46 



120,537.03 



SURRY COUNTY LOAN AND TRUST COMPANY, MOUNT AIRY. 

Jesse H. Prather, President. Geo. D. Fawcett, Treasurer. 



RESOURCES. 



$23,513.26 



164.59 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned ! 

Demand loans [ 

Due from banks and bankers ' 1,776.80 

Cash items ' 

Gold coin | 

Silver coin, including all minor coin 

currency 149.00 

National bank notes and other U. S. 
notes I 1,900.00 



Total : 27,503.65 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid ^ 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$15,600.00 



687.77 



8,000.00 

3,120.88 

95.00 



Total 27,503.65 



REPORT OF THE CONDITION OP STATE BANKS. 



347 



TOISNOT BANKINQ COMPANY, ELM CITY. 

R. S. Wells, President. E. M. Simpson, Cashier. 



RESOURCKS. 

Loans and discounts $56,558.94 

Overdrafts I 42.88 

United States bonds on hand 

North Carolina State bonds i 

All other stocks, bonds and mort- 



Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



3,288.73 



12,854.24 

66.53 

130.00 

640. 54 

5,834.00 



79, 415. 86 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 79,415.8( 



$10,000.00 



2,528.02 



21, 654. 41 
44, 812. 33 



421.10 



WACHOVIA LOAN AND TRUST COMPANY, WINSTON-SALEM. 
F. H, Fries, President. H. F. Shaffner, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankei's 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Invested trust assets 



Total. 



$864, 
1, 



870.68 
246.42 



600.00 
,352.64 



000.00 
568. 65 



368. 16 
,104.37 
082.50 



1,110.18 



8, 
287, 



791.00 
660.33 



1,392, 754. ( 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Deposits in trust 



Total. 



$200,000.00 



75, 128. 44 
"is' 000^00 



535,519.29 
147,225.48 

34,522.94 
3, 667. 14 

25,000.00 
353, 691. 64 



1,392,754.93 



G. W. F. Harper, President. 



RESOURCES. 



Loans and discounts 

Overdrafts ^ 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures ■_ 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cashitems 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



BANK OP LENOIR. 



J. H. Beall, Cashier, 



$82,058.82 
40.22 



,500.00 



500.00 
1.080.00 



12,706.16 
4.941.03 



Total 



107,826.23 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



$10,000.00 



,65 



6, 000. 00 



67,218.83 

11,005.00 

1.532.75 



107,826.23 



348 



N. C. CORPORATION COMMISSION. 



BANK OP LINCOLNTON. 



B. F. Grigg, President. 




\V. E. Grigg, Cashier. 


RESOURCES. 

Loans and discounts 


$23,776.56 
135.27 


LIABILITIES. 

Capital stock paid in 


88,000.00 
1.000.00 








Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds— . . 




3, 113. 20 


All other stocks, bonds and mort- 


6,500.00 


Dividends unpaid 




ffas^es 


Notes and bills rediscounted 






Bills payable _. 




Banking houses, furniture and fix- 


100.65 


Time certificates of deposit 


3 526.67 


Deposits subject to check 


25, 244. 23 




Demand certificates of deposit 

Due to banks and bankers 


4,699.92 


Demand loans 




Due from banks and bankers 

Cash items 


11,751.42 


Cashier's checks outstanding 

Certified checks 


61.66 




900.00 
1,011.78 
1,470.00 


Total 




Silver coin, including all minor coin 
currency 




National bank notes and other U. S. 
notes 




Total 


45,645.68 


45,645.68 







BANK OF MARTIN COUNTY, WILLIAMSTON. 

J. G. GoDARD, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premiuto on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



131,821.20 

1,383.44 

500.00 



1,000.00 



1,307.56 



7, 725. 55 
2,325.81 



1,219.57 



47,283.13 



LIABILITIES. 



Capital sto-jk paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$10,000.00 
2,500.00 



540.07 



4,155.00 

28,723.14 



1, 364. 92 



47,283.13 



BANK OF NASHVILLE. 



F. B. Ricks, President. 



S. F. AuSTix, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 9wned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Sliver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total. 



$10,851.13 
669.24 



3,348.46 

""612^.50" 

781.99 

506.00 



16,769.32 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to cbeck 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$5,000.00 



582. 81 



11,116.87 
69^64 



Total 



16,769.32 



REPORT OF THE CONDITION OF STATE BANKS. 



349 



BANK OF PITTSBORO. 



W. L. Lo^TDON, President. 



M. T, Williams, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total, 



S19,260.34 



2,753.60 

523. 17 

1,620.00 

262. 65 

742.00 



26,527.23 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits svibject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



^,000.00 



459.21 



9,164.66 
8,903.36 



26,527.23 



THE BANK OF SELMA. 



M. C. Winston, President. 




L. D. DEBNA3I, Cashier. 


RESOURCES. 

Loans and discounts 


$23,355.06 
13,586.34 


LIABILITIES. 

Capital stock paid in 


SIO, 000. 00 




Surplus fund _ _ _ ._. 






Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 




North Carolina State bonds 




292 55 


All other stocks, bonds and mort- 








Notes and bills rediscounted 










3,000.00 


Banking houses, furniture and fix- 
tures _ - - 


2,235.69 


Time certificates of deposit— _ _ 




Deposits subject to check 


33,786.12 


All other real estate o\vi>ed 


Demand certificates of deposit 












Due from banks and bankers 

Cash items . . - 


400.47 

20.00 

310.00 

147.66 

7,094.00 


Cashier's checks outstanding 

Certified checks 


71.45 


Gold coin 

Silver coin, including all minor coin 
currency 


Total 




National bank notes and other U. S. 
notes. 




Total 


47,150.12 


47 150.12 









B. BLANTON & COMPANY, BANKERS, SHELBY. 

Charles C. Blanton, President. George Blanton, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$269, 

2, 



Total 315,135.44 



823.37 
817. 3£ 



000.00 
997. 14 
687. 68 
555.42 
45.30 
692.50 



3,223.64 
5,293.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid ... 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$50,000.00 
12,500.00 



4,185.73 



33,500.00 



71, 977. 96 
141,778.64 



1, 193. 11 



315, 135. 44 



350 



N. C. CORPORATION COMMISSION. 



CHATHAM BANK, SILER CITY. 



F. M. Hadley, President. 



J. J. Jenkins, Cashier. 



:^ESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furnitm-e and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expenses, including stationery on 
hand '_ 



Total. 



$10, 422. 27 
38.92 



369. 8^ 



2,128.84 
3,875.27 
1,075.00 

560.98 

447.00 

755. 60 



19,668.75 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Total profits 



$2,500.00 



Total. 



3,950.00 
11,826.47 



586.52 
143.64 



12 



19,668.75 



COMMERCIAL BAJSTK, LENOIR. 



T. J. LuTZ, President. 



O. P. LuTZ, Cashier. 



RESOUECES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total. 



S20,027.90 
2.44 



4,250.00 



2,346.65 

'" "500r00' 

1,081.57 

1,700.00 
22.75 

29,931.31 



LIABILITIES. 



$10,000.00 



2,491.22 



Capital stock paid In 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid ! :;— 

Notes and bills rediscounted j 

Bills payable \ 

Time certificates of deposit 4, 020. 60 

Deposits subject to check 12,974.19 

Demand certificates of deposit 1 

Due to banks and bankers { 

Cashier's checks outstanding j 445.80 

Certified checks 



TotaL 



29,93L31 



DIME BANK, KINSTON. 

Chas. F. Dunn, Cashier. 



RESOURCES. 

Loans and discounts 


$595.42 
2,814.34 


LIABILITIES. 

Capital stock paid in 




Overdrafts 


Surplus fund _ _ _ . 


$16, 173. 74 


United States bonds on hand. 


Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds 
















Notes and bills rediscounted __ — ., 








Bills payable _______ 


6,500.00 


Banking houses, furniture and fix- 


1,960.00 
20,000.00 






Deposits subject to check. 


4,102.65 










Dae to banks and bankers __ _ 


5.00 


Due from banks and bankers ,_ 

HnsVi it.pms 


31.75 


Cashier's checks outstanding 




Certified checks 




Gold coin 




Total 




Silver coin, including all minor coin 


129.88 




National bank notes and other U. S. 




Personal property 


1,250.00 








Total _ 


26,781.39 


26,781.39 









REPORT OF THE CONDITION OF STATE BANKS. 



351 



ELM CITY BANK. 



Jno. L. Bailey, President. 



E. O. McGowAN, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds—* 

All other stocks, bonds and mort- 
gages 

Premium on bonds — 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



$29, 890. 68 
1,991.33 



2,084.90 



640.36 
6, 130. 91 

2,768,06 



43,506.24 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$10,000.00 



2,653.09 



2,025.00 

6,143.82 

22, 676. 33 



8.00 



43,506.24 



GARDNER & JEFFRESS, BANKERS, WARRENTON. 
J. M. Gardner, Cashier. 



RESOURCES. I 

Loans and discounts < :3;48,05].20 

Overdrafts 1-i 3, 487. 42 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned— 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



TotaL 



500.00 
1,758.11 



7,805.32 
1,725.41 
1,000.00 



445. 84 
6,202.00 



70,975.30 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$10,000.00 



6,765.13 



54,210.17 



70,975.30 



GASTONIA BANKING COMPANY. 
John F. Love, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and ixiort- 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minorcoin 

currency 

National bank notes and other U.S. 

notes 

Savings banks 



Total . 



$76, 000. 84 
132.25 



131,100.00 



4,497.35 
29,765.64 
11,369.97 
22,054.20 

2,226.90 



1,487.33 



2,333.00 
260.00 



281,227.48 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to checl^ 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified ehecks 



Total- 



$20, 
50, 



000.00 
000.00 



1, 589. 19 



12,500.00 



35, 
151, 



202.58 
771. 75 



,064.76 
,099.20 



281,227.48 



352 



N. C. CORPORATION COMMISSION. 



CHARLES T. 



GEYER & SONS, BANKERS, SOUTHERN PINES. 
R. E. Geyer, Cashier. 



RESOURCES. 

Loans and discounts 


$3,766.30 


LIABILITIES. 

Capital stock paid in 


$1,000.00 


Overdrafts __ __ 


Surplus fund . . 


United States bonds on hand 




Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds 




42 29 


All other stocks, bonds and mort- 




Dividends unpaid— . .__ 






Notes and bills rediscounted 

Bills payable . . .. 


600 00 


Premlum on bonds. . _ 






Banking houses, furniture and fix- 


500.00 

155.25 

395.00 

1,418.08 


Time certificates of deposit 


tures _ 


Deposits subject to check 


5 152 98 


All other real estate owned 


Demand certificates of deposit 

Due to banks and bankers 




Demand loans _ _ _ _ 




Due from banks and bankers 

Cash items. 


Cashier's checks outstanding 

Certified checks 


126.20 




22.50 
200.39 
461.00 


Total 




Silver coin, including all minor coin 




National bank notes and other U. S. 




Revenue stamps 


3.00 




Total 


6,921.47 


6,921.47 





KING'S MOUNTAIN B4NK. 



F. DiLLiNG, President. 




L. R. Hagood, Cashier. 


RESOURCES. 


$49,652.00 


LIABILITIES. 

Capital stock paid in. _ _ 


$5,000.00 
3,000.00 


Overdrafts - . 


Surplus fund 


United States bonds on hand 




Undivided profits, less current ex- 






543.00 


All other stocks, bonds and mort- 




Dividends unpaid. 




gages ~ _____ 


Notes and bills rediscounted 

Bills payable 


40, 000. 00 


Premium on bonds 


. 




Banking houses, furniture and fix- 
tu res 


300.00 


Time certificates of deposit _ _ 


2, 260. 00 


Deposits subject to check 


11 800 48 


All oiher real estate owned 


Demand certificates of deposit 




Demand loans 


8,650.00 
4,190.27 


Due to banks and bankers 


964. 28 


Due from banks and bankers. 


Cashier's checks outstanding 




Cash items _ -_ 


Certified checks . ___ 








Total - _— 




Silver coin, including all minor coin 


75. 49 
700.00 




National bank notes and other U.S. 
notes 








Total - - - _ 


63,567.76 


63,567.76 







HUGH MACRAE & COMPANY, BANKERS, WILMINGTON. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers^ 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total. 



LIABILITIES. 



$10,345.00 ! Capital stock paid in 

! Surplus fund 

j Undivided profits, less current ex- 

j penses and taxes paid 

I Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



1,962.86 



15,440.00 
9, 664. 94 



1- 1,474. 

I 
J 



38,887.79 



Total - 



$10,000.00 



2,319.91 



26,567.88 



38.887.79 



REPORT OF THE CONDITION OF STATE BANKS. 



353 



MERCHANTS AND FARMERS BANK, MARION. 
T. F. Wrenn, President. E. L. Gaston, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 

:: tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold com 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 




1,000.00 



3,717.15 




Total. 



.! 32,563.15 



I.IABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Drafts deposited for collection 



Total. 



$19,075.00 



445. 51 



12,760.64 



282.00 



32, 563. 15 



ROUSE BROTHERS, BANKERS, LAGRANGE. 



N. J. Rouse, President. 



B. E. Rouse, Cashi 



RESOURCES. 


$16,701.22 


T.IABILITIES. 

Capital stock paid in _____ _ 


$4,500.00 


Overdrafts _ _ . 


Surplus fund 




United States bonds on hand 




Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds 




1,359.04 


All other stocks, bonds and naort- 




Dividends unpaid 




o-gggs _ _ 


Notes and bills rediscounted 








Bills payable 


4, 000. 00 


Banking houses, furniture and fix- 


725.00 


Time certificates of deposit 




Deposits subject to check.. __ 


18, 275. 40 












Due to banks and bankers 

Cashier's checks outstanding _ 
Certified checks 


318. 12 


Due from banks and bankers 


3,207.52 

2.00 

755.00 

659.95 

6,857.00 


455. 13 


Gold coin - 


Total _. 




Silver coin, including all minor coin 
currency - _ _ . _ 




National bank notes and other U. S. 
notes -- - 








Total _ 


28,907.69 


28,907.69 







SCOTLAND NECK BANK. 



A. McDowell, President. 




F. P. Shields, Cashier. 


RESOURCES. 


$54,865.48 
2,643.97 


LIABILITIES. 


85,000.00 
5 000 00 


Overdrafts 


Surplus fund 




Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds 




2,012.57 


All other stocks, bonds and mort^ 


6,959.96 


Dividends unpaid 


gages 


Notes and bills rediscounted 

Bills payable _- 


15,000.00 


Premium on bonds_ . _ _ 


Banking houses, furniture and fix- 


767.78 
868.06 


Time certificates of deposit _ 


9, 624. 13 


tures - 


Deposits subject to check 


44,063.25 


All other real estate owned 


Demand certificates of deposit 


Demand loans ___ __ _ . 


Due to banks and bankers 




Due from banks and bankers 

Cash items _ 


7,368.98 
7,910.65 


Cashier's checks outstanding 

Certified checks 


684.93 


Gold coin 


Total - 




Silver coin, inclviding all minor coin 
currency _ _ __ . 






National bank notes and other U. S. 
notes -__ _- 












Total _ 


81,384.88 


81,384.88 







-23 



354: 



N. C. CORPORATION COMMISSION. 



SPRING HOPE BANKING COMPANY. 

B. W. Upchurch, President. J. M. Peakson, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premivim on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency— , 

I^ational bank notes and other U. S. 
notes 



$31,670.20 
1,230.27 



TotaL 



469. 50 



166. i 



436. 15 
3,568.00 



38,541.00 



LIABILITIES. 



$10,000.00 



315.59 



Capital stock paid in 

Surplus fund 

Undivided profits, less current eX' 

penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 14,000.00 

Time certificates of deposit 700.00 

Deposits subject to check | 12,150.41 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding... 
Certified checks 



Total- 



373.50 
1.50 



38,541.00 



ASHEVILLE SAVINGS INSTITUTION. 



R. S. Rowland, President. 



W. L. Blodget, Treasurer. 



RESOURCES. 



Loans and discounts 

Ovei'drafts 

United Stq,tes bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- | 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$500. 00 



Total 14, 126. 57 



394.00 



13,154.70 



27.87 
50.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided pi'ofits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$103. 63 



Total. 



14,022.94 



14,126.57 



ATLANTIC TRUST AND BANKING COMPANY, WILMINGTON, 

Matt. J. Heyer, President. Mitchell F. Allen, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 

Total - 



$107, 484. 21 



4,861.98 



146.27 
537.00 



113,212.29 



liabilities. 



Capital stock paid in 

Surplus fund i 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Depo.sits subject to check 

Demand certificates of deposit: 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$50,000.00 



2,745.78 



60,466.51 



Total i 113,212.29 



REPORT OF THE CONDITION OF STATE BANKS. 



355 



CABARRUS SAVINGS BANK, ALBEMARLE AND CONCORD. 

D. F. Cannon, President. H. I. Woodhouse, Cashier. 



RESOURCES. 

Loans and discounts 


$260,474.70 

3,248.48 


LIABILITIES. 

Capital Stock paid in 


$25,000.00 


Overdrafts 


Surplus fund 


12,;i00.00 


United States bonds on hand _ 


Undivided profits, less current ex- 








19,277.80 


All other stocks, bonds and mort- 




Dividends unpaid 


15.00 


gages _ _ 


Notes and bills rediscounted 

Bills payable 


20,000.00 


Premium on bonds 






Banking houses, furniture and fix- 
tures 


3,361.26 




43,639.19 


Deposits subject to check 


226,901.52 


All other real estate owned _ _ - __ 






Demand loans 




Due to banks and bankers 


4, 330. 42 


Due from banks and bankers 

(^asb items 


65,770.90 


Cashier's checks outstanding 

Certified checks 


372. 11 


Gold coin _ _ _ . 


10,415.00 

4,359.42 

11,400.00 
28.40 


Savings deposit _ _ 


7,022.12 


Silver coin, including all minor coin 
currency 


Total _-_ 




National bank notes and other U.S. 
notes _ 












Total - _ _. 


359,058.16 


359,058.16 







CITIZENS SAVINGS BANK. 



J. S. Carr, President. 



DURHAM. 
W. 



W. Whitted, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, farniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



$49,250.35 
255. 83 



265. 44 



15,919.51 

7, 195. 81 

696. 61 

300.00 

586.00 

1,302.00 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notestfind bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$15,000.00 



1,027.02 

8.25 



16,289.27 
42,719.36 



727. 65 



1.55 



CITIZENS SAVINGS BANK, KINSTON. 



N. J. Rouse, President. 




C. F. Harvey, Cashier. 


resources. 


$94,509.81 
12,989.21 


liabilities. 


$25,000.00 


Overdrafts _ _ 


Surplus fund _ _ _ _ _ _ 




Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds 




1,281.73 


All other stocks, bonds and mort- 


1,000.00 


Dividends unpaid __ _ _ 


120. 00 


gages 


Notes and bills rediscounted 

Bills payable 


9,387.33 
42,500.00 


Premium on bonds 


Banking houses, furniture and fix- 


1,772.49 


Time certificates of deposit 


Deposits subject to check. _ . __ 


110, 703. 77 


All other real estate owned 


Demand certificates of deposit 

Due to banks and bankers 


13,461.66 


Demand loans 


7,717.17 
59,472.31 

2,275.83 
102.50 

1,252.53 

24,862.00 


Due from banks and bankers 

Cash items 


Cashier's checks outstanding 

Certified checks 


3,499.36 




Total 




Silver coin, including all minor coin 




National bank notes and other U.S. 
notes. _ __ _ 








Total 


205,953.85 


205,953.85 







356 



N. C. COEPORATION COMMISSION. 



FAYETTEVILLE SAVINGS AND TRUST COMPANY. 

"W. J. Edwards, President. C. J. Ahearn, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense account 



Total 40 



S!25,985.00 



300.31 



600.00 

12,896.22 

214.50 



87.38 

'eos'io' 



.90 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Discount account 



Total. 



$15,000.00 



24,425.13 



1,068.77 



40,488.90 



MECHANICS DIME SAVINGS BANK, 

Chas. E. Johnson, President. 



RALEIGH. 

Walters Durham, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bond on hand 

North Carolina State bonds 

All other stocks, bonds and moi't- 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Ca.sh items 

Gold coin 

Silver coin, including all minor coin 

currency .- 

National bank notes and other U. S. 

notes 

Auxiliary banks 



$122,571.1 



Total 143,278.2 



3,^00.00 
572.50 



10,880.57 

"i^moo" 

217.51 

3,786.00 
250.00 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$15,000.00 



5,074.47 



123,203. 



143,278.27 



PEOPLES SAVINGS BANK, WILMINGTON. 

C. McQueen, President. F. W. Dick, Cashier. 



resources. 

Loans and discounts $364,385.48 

Overdrafts 1 

United States bonds on hand i 

North Carolina State bonds I 

All other stocks, bonds and mort- | 

gages 

Premium on bonds I 

Banking houses, furniture and fix- i 

tures 199.90 

All other real estate owned ' 



Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 



Total 406,622.22 



22,642.00 

18,212.84 

215. 83 

116.30 

49.87 

800.00 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due to depositors.. 



Total 406,622.22 



$30,000.00 



,236.06 
40.50 



355,079.29 
10,766.37 



1,500.00 



REPORT OF THE CONDITION OF STATE BANKS. 



357 



PIEDMONT SAVINGS BANK, WINSTON. 

J. F. Griffith, President. P. W. Crutchfield, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- I 

gages 

Premium on bonds 

Banking houses, furniture and fix 

tures 

All other real estate owned 

Demand loans ! 

Due from banks and bankers I 11 



8^26, 687. 41 
61.75 



2,604.48 



Cash items j 696.52 

Gold coin 5.00 

Silver coin, including all minor coin 

currency T 1, 165. 40 

National bank notes, and other U. S. 

notes 2,015.00 



Total 44,603.81 



liabilities. 



Capital stock paid in 

Surplus fund , 

Undivided profits, les'? current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



^10,300.00 



141.58 



34, 161. 73 



44,603.31 



RALEIGH SAVINGS BANK. 



J NO. T. PuLLEN, President. 



Jas. O. Litchford, Cashier. 



RESOURCES. 

Loans and discounts $336, 

Overdrafts i 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin : 

Silver coin, including all minor coin 

currency 

National bank notes and other U S. 
notes 



Total. 



853.64 
57.79 



150. 00 



800.00 
300.00 



654. 04 

858. 07 
160.00 

75.97 

355 00 



487, 364. 51 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Reserve interest 



Total. 



nb, 000. 00 
15,000.00 



5, 315. 48 



448,049.03 



4,000.00 



487,364.51 



RICHMOND COUNTY SAVINGS BANK, ROCKINGHAM. 

W. L. Parsons, President. W. L. Scales, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Pi'emium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



$55,524.31 



Total. 



2,000.00 



447. 60 



^,932.04 

838. 11 
165. 90 



67,907.96 



liabilities. 



Capita] stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Savings deposits 



,500.00 



457.81 



59,950.15 



Tctal 67,907.96 



358 



N. C. CORPORATION COMMISSION. 



SALISBURY SAVINGS BANK. 



Lee S. Overman, President. 



W. F. Snider, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and m.or1>- 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin '. 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total . 



S94, 470. 60 
17,362.55 



14,515.00 



22,800.00 



53,701.80 
3,227.80 
3,155.80 

1,346.07 

2,000.00 



212,578.82 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$35,000.00 
4,000.00 



1,520.94 



163,236.44 



3,121.42 
5,799.92 



212,578.82 



SOUTHERN LOAN AND SAVINGS BANK, CHARLOTTE. 
P. M. Brown, President. F. J, Haywood, Jr., Cashier. 



RESOURCES. 


$102,058.06 
54.07 


liabilities. 


$25,000.00 


Overdrafts— _ __ 


Surplus fund _ .._ 


United States bonds on hand 


Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds 




3,470.08 


All other stocks, bonds and mort- 




Dividends unpaid 


gages - - 


Notes and bills rediscounted 




Premium on bonds 




Bills payable _ 




Banking houses, furniture and fix- 


1,000.00 


Time certificates of deposit 




tures 


Deposits subject to check 


61,725.74 
24 774.28 


All other real estate owned 


Demand certificates of deposit 

Due to banks and bankers _ . 


Demand loans _ _ 


5,000.00 

7,139.78 

253.77 




Due from banks and bankers. _ 


Cashier's checks outstanding 




Cash items 


Certified checks 






Reserved for accrued interest 

Total 


700.00 


Silver coin, including all minor coin 
currency 


164.42 




National bank notes and other U.S. 
notes 










Total 


115,670.10 


115,670.10 







WILMINGTON SAVINGS AND TRUST COMPANY. 

J. W. Norwood, President. C. E. Taylor, Jr., Cashier. 



RESOURCES. 



Loans and discounts _.__ 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S 
notes 



$866,398. 



Total .__: 980, 206. 17 



2.00 
1,900.00 



109,183.68 
476.50 
25.00 

129. 33 

2,091.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certifitates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$25,000.00 



50, 147. 13 



905,059.04 



980,206.17 



REPORT OF THE CONDITION OF STATE BANKS. 



359 



Summary of the Reports of the Condition of the State, 

Private and Savings Banl^s of North Carolina at 

the close of Business on Sept. 15, 1902. 



STATE BANKS. (83). 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous , 

Total 



$10,091 
226, 



536. 
4, 

283, 
117, 
101, 
480, 
2, 641, 
297, 
177, 
112, 
634, 
316, 



,544.66 
480.06 
220.00 
925.00 

858. 55 
387.50 
468. 81 
074. 51 
938. 57 
157. 89 
399.50 
162.48 
396.88 
667. 87 
208. 87 
352.84 



16,089,243.99 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check 

Demand certificates 

Due to banks 

Cashier's checks 

Certified checks 

Miscellaneous 



Total- 



is, 012, 

497, 

525, 

3, 

411, 

433, 

653, 

9,116, 

667, 

298, 

79, 

34, 

355, 



689. 73 
301.02 
087. 79 
748. 70 
936. 82 
266. 75 
512. 79 
070.86 
123.34 
799. 62 
232. 84 

774. 86 

698. 87 



16,089,243. 



PRIVATE BANKS. (21). 



RESOURCES. 

Loans and discounts 


$838,519.39 

31,028.51 

500.00 

6,500.00 

145,559.96 

500. 00 

14,2.56.92 

12,219.71 

54,544.20 

45,908.56 

133,072.78 

25,538.53 

7,542.50 

12,511.70 

38,733.00 

2,265.60 


LIABILITIES. 

Capital stock 


$208,075.00 
90, 173. 74 


Overdrafts . - — 


Surplus fund _ . 


United States bonds _ . _ 


Unaivided pi^ofits 


41,779 76 


North Carolina State bonds 


Notes rediscounted 


101, 600. 00 




Bills payable 


35,525.00 
150 725 42 


gages 


Time deposits 


Premium on bonds _ ... 


Deposits subject to check 


705,103.79 

15,704.92 

15,209.85 

4,359.76 

944.12 


Banking houses __ _ .. 


Demand certificates— _ __ _ 






All other real estate 


Cashier's checks 




Due from banks 


Total _ _ 








Gold coin 








National bank notes 








Total 


1,369,201.36 


1,369,201.36 







SAVINGS BANKS. (15). 



RESOURCES. 

Loans and discounts 

Overdrafts 

All other stocks, bonds and mort 

gages 

Banking houses 

F'urniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous 

Total :. 



,507,153:92 
34,029.68 

76,265.00 
36, 267. 33 
10,435.48 

8,200.00 

51, 878. 68 

455,924.42 

9,781.94 
15,944.70 

9, 608. 04 
50,198.00 

1,155.49 



3,266,842. 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check 

Demand certificates 

Due to banks 

Cashier's checks 

Miscellaneous 

Total 



$292,800.00 

31,500.00 

99,799.51 

183. 75 

29,387.33 

42, 500. 00 

43, 639. 19 

2, 603, 174. 46 

91, 721. 67 

7,451.84 

10,399.04 

14,285.89 



3,266,842.68 



36U 



N\ C. CORPORATION COMMISSION. 



STATE, PRIVATE AND SAVINGS BANKS. (118). 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

Nortti Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking laouses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous 



Total. 




20,725,288.03 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Pills payable 

Time deposits 

Deposits subject to check 

Demand certificates 

J3ue to banks 

Cashiei''s checks 

Certified checks 

Miscellaneous 



TotaL 



S3, 513. 564. 73 

618; 974. 76 

666,667.06 

3,932.45 

542, 924. 15 

511,291.75 

847,877.40 

12, 424, 349. 11 

774,549.93 

321,461.31 

93,991.64 

34,774.86 

370,928.88 



20,725,288.03 



Close of Business June 30, 1899. 

STATE, PRIVATE AND SAVINGS BANKS. 



RESOURCES. ] 

I 

Loans and discounts $7,010,216.07 

Overdrafts ' 84,143.53 

United States bonds | 46,300.00 

North Carolina State bonds j 77,058.95 

All other stocks, bonds and mort- 
gages I 483,664 02 

Premium on bonds i 16,227.50 

Banking houses 1 191,583.97 

Furniture and fixtures | 68,079.00 

All other real estate ! 144,751.65 

Demand loans ' 177,951.10 

Due from banks and bankers I 1,804,964.09 

Cash items ! 80,998.63 

Gold coin I 239,125.53 

Silver coin t 114,002.22 

National bank notes | 413,909.03 

Miscellaneous 322, 515. 43 



Total ill, 275, 490. 72 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time certificates of deposit 
Deposits subject to check__. 

Demand certificates 

Due to banks 

Cashier's checks 

Certified checks 

Miscellaneous 



TotaL 



$2,307,297.80 

410,339.42 

328,530.81 

8,193.00 

89,286.73 

84,781.66 

769,056.96 

6,511,640.71 

198, 816. 61 

179,493.74 

59, 851. 69 

1,859.64 

326,341.95 



11,275,490.72 



Close of Business December 13, 1900. 

STATE, PRIVATE AND SAVINGS BANKS. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Px'emium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin ^ 

National bank notes 

Miscellaneous 



Total. 



$9,895,036.02 


305,382.12 


30,050.00 


139,350.00 


609,239.48 


9,559.69 


231,140.53 


92,704.14 


212,504.78 


520,925.65 


2,451,767.84 


263,375.54 


227,373.95 


162,012.43 


657, 845. 13 


322.399.37 


16,130,666.67 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check 
Demand certificates __. _ 

Due to banks 

Cashier's checks 

Certified checks 

Miscellaneous 



TotaL 



2,744,929.65 
584,917.96 
507, 690. 75 
831.50 
251,887.78 
198,725.18 
686,736.58 

), 704, 596. 38 
663,873.84 
312,818.64 
111,098.54 
2,431.74 
360, 128. 13 



16, 130, 666. 67 



REPORT OF THE CONDITION OF STATE BANKS. 



361 



Close of Business September 30, 1901. 

STATE. PRIVATE AND SAVINGS BANKS. 



RESOURCES. 


$11,468,302.24 

241,400.19 

4,000.00 

102,650.00 

692,170.44 
8,105.00 
274, 104. 19 
123,920.19 
167,989.31 
494,888.97 
2,264,859.17 
198,982.94 
214,456.59 
154,158.58 
636,053.00 
321,736.11 


LIABILITIES. 

Capital stock paid in 


$2, 982, 527. 61 
628,493.63 
510, 625. 72 


Overdrafts 


Surplus fund 


United States bonds . — . . _ _ 


Undivided profits 


North Carolina State bonds 


Dividends unpaid 


6,376.93 
554, 115. 84 
705,829.13 
713, 985. 89 


All other stocks, bonds and mort- 


Notes rediseounted 


scases 


Bills payable 




Time deposits . ._. 


Banking houses 


Deposits subject to check 


9,873,425.21 
548,141 87 
377, 484. 90 


Furniture and fixtures __ __ 


Demand cei'tiflcates 


All other real estate _- 


Due to banks 


Demand loans 


Cashier's checks 


87,454.41 

2,494.22 

376,821.56 




Certified checks 


Cash items _ . _ 


Miscellaneous 

Total 




Silver coin 




National bank notes 




Miscellaneous . _ . 








Total 


17,367,776.92 


17,367,776.92 







Close of Business Septennber 15, 1902. 

CONDITION OF NATIONAL BANKS OF NORTH CAROLINA. (38). 



RESOURCES. 



Loans and discounts 

Overdrafts 

U. S. bonds to secure circulation. 

U.S. bonds to secure deposits 

U.S. bonds on hand 

Premium on U.S. bonds - 

Stocks, securities, etc 

Banking house, furniture, etc 

Other real estate and mortgages 

owned 

Due from other National banks. 
Due from State and private 

banks 

Due fi'om approved reserve 

agents 

Internal revenue stamps 

Checks and other cash items 

Notes of other National banks— 
Fractional paper currency, nick- 
els, etc 

Specie 

Legal-tender notes 

Five per cent redemption fund- 
Due from U.S. Treasurer 



Total 



$11,437,381.36 

215,960.28 

1,792,100.00 

819,800.00 



68,990.52 
240,547.95 
364,978.52 

47,719.77 
980,005.87 

571,908.25 

1,015,593.89 

1,680.48 

116,908.77 

124,485.00 

15, 138. 12 

518,293.47 

431,629.00 

87,000.00 

15,399.00 



18,865,520.25- 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less expenses. 
National bank notes outstand- 
ing 

Due toother National banks 

Due to State and private banks 

and bankers 

Due to trust companies and 

savings banks 

Due to approved reserve agents 

Dividends unpaid 

Individual deposits 

U. S. deposits 

Deposits of U. S. disbursing offi- 
cers 

Notes and bills rediseounted 

Bills payable 

Other liabilities 



Total. 



$3,280,000.00 

1,072,770.96 

669,911.30 

1,777,490.00 
544,633.79 

657,808.63 

24,392.97 
5,600.03 
1,201.64 

8,978,718.52 
765,552.29 

56,346.34 
777,640.23 
217,250.00 

36,203.55 



18,865,520.25 



362 



N. C. CORPORATION COMMISSION. 






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367 



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N. C. CORPORATION COMMISSION. 



i 
1 


J.A.Lindsay. 
J. E. Taylor. 
W. C. Wolfe. 
P.J.Murdock. 
M.W.Nash. 
C.C.Brown. 
Earnest Deans. 
G. A. Follin. 


a 

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J. R. English 

W. L. Kluttz 

R. H. Ricks 

J. C. Stevenson 

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J. C. Buxton 


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Wilmington, N.C 

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Winston, N.C 


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Rocky Mount Homestead and Loan Association 

Wilmington Homestead and Loan Association 

Wilson Home and Loan Association 

Winston-Salem Building and Loan Association 



BUILDING AND LOAN ASSOCIATIONS. 



369 





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24: 



370 



N. C. CORPORATION COMMISSION. 



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on Bonds 

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BUILDING AND LOAN ASSOCIATIONS. 



371 



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CO C2 t- op 

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372 



N. C. CORPORATION COMMISSION. 





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TELEGRAPH COMPANIES. 



373 



'52 



8 8 



8 8 S 8 



8 8 8 



l> QO (M (M O 



^ Ph 



o 



"IS P =3 

CQ S-I.r4 

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p.o-2 
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374 



N. C. CORPORATION COMMISSION. 

TELEPHONE COMPANIES, 



Name of Company. 



Albemarle Telephone Company 

American Telephone and Telegraph Company... 

Ashboro Telephone Company 

Asheville Telephone Company „ 

Battleboro Telephone Company 

Boykins-Conway Telephone Company 

Burke County Telephone Company 

Carolina Telephone and Telegraph Company 

Camden Telephone Company 

Carolina and Virginia Telephone Co 

Carthage Telephone Company 

Chapel Hill Telephone and Telegraph Company. 

Charlotte Telephone Company 

Clinton and Dunn Telephone Company 

Concord Telephone Company 

Edenton Telephone Company 

Elizabeth City Telephone Company 

Forest City Telephone Company 

Foscoe and Montezuma Telephone Company 

Gaston Telephone Company 

Gastonia Telephone Company 



Greensboro Telephone Exchange. 



Hasty Telephone Company 

Henderson Telephone Company 

Hertford County Telephone Company 

Jackson and Rich Square Telephone Company 

Kenansville Telephone Company 

Lattimore Telephone Company 

Liumberton Telephone Company 

Marion Telephone Company 

Mebane-Ridgeville Telephone Company 

Mocksville Telephone Company 

Monroe Telephone Company 

Morehead City Telephone Company 

Mooresville Telephone Company 

Mutual Telephone Company 



Assessed 
Value. 



$2,000.00 

50,000.00 
1,250.00 

25,000.00 

800.00 

300.00 

2,250.00 

43, 600. 00 
1,500.00 

23,417.00 
315.00 
2,250.00 
3,500.00 
1,620.00 
3,000.00 
2, 100. 00 
7,500.00 
1,625.00 
142.00 
3,500.00 
8,500.00 

12,500.00 

125.00 

55,000.00 

475.00 

185.00 

157.50 

1,000.00 

3,000.00 

2,000.00 

650.00 

1,434.00 

2,100.00 

800.00 

4,250.00 

1,250.00 



Capital. 



$2,000.00 

15,000.00 

1,250.00 

80,000.00 



300.00 

3,000.00 

150,000.00 

2,500.00 

77,000.00 

360.00 

2,500.00 

30,000.00 
1,000.00 
3,000.00 
1,500.00 
9,000.00 
1,625.00 
1,000.00 

10,000.00 
6,500.00 

50,000.00 

125.00 

80,000.00 

500.00 

365.00 

210.00 

1,350,00 

3,000.00 



650.00 
1,434.40 
1,650.00 
1,000.00 
3,400.00 
2,000.00 



Funded 
Debt. 



$30,000.00 



400.00 
8,000.00 



66,000.00 



600.00 



1,350.00 



50,000.00 



434.00 



TELEPHONE COMPANIES, CAPITAL STOCK, ETC. 



3T5 



CAPITAL STOCK, Etc. 



Number 
of Busi- 
ness 
Phones. 


Average 
Charge 

Per 
Annum. 


Number 
of Resi- 
dence 
Phones 


Average 
Charge 

Per 
Annum. 


Gross 
Earnings. 


Operating 
Expenses. 


Income 

from 

Operation. 


Pole 
Miles. 


Miles of 
Wire. 


25 


$18.00 


24 


$12.00 


$706.00 


$495.00 


$310.00 


20.00 


40.00 


*30 








1,598.48 


996.72 


601.76 


242. 15 


1,469.41 




18.00 


25 


12.00 


840.00 


622.00 


218.00 


65.00 


65.00 


439 


24.00 


453 


16.00 


17,669.01 


7,084.00 


10,585.01 


119.00 


119.00 


5 


2.00 


5 


2.00 


250.00 


150.00 


100.00 


22.00 


30. 00 


4 














11.00 
62.00 


11 00 


30 


18.00 


90 


12.00 


1,573. ,50 


1,236.70 


336. 80 


62.00 


592 


24.00 


637 


16.00 


21,195.13 


15,735.03 


5,460.10 


262.00 


742.50 


6 


Toll rate. 
24.00 
12.00 






382.03 

8,380.00 

180. 00 


284. 68 

8,751.36 

150.00 


97.35 


27.00 

141.00 

1.75 


33 50 


194 


215 

8 


15.00 
12.00 


465.00 


7 


30.00 


3.00 


9 


24.00 


41 


15.24 


1,399.16 


925.80 


473.36 


14.00 


44.00 


269 


21.00 
18.00 


199 
14 


13.00 
15.00 








24 00 
42.00 


400 00 


27 


400 00 


165.00 


235.00 


42.00 


101 


16.20 


115 


10.80 


3,316.33 


2,533.04 


783.29 


25.00 


75.00 


43 


24.00 


32 


12.00 


1,380.00 


920.00 


460.00 


21.00 


47.00 


90 


30.00 


114 


12.00 


3,308.93 


1,800.00 


1,508.93 


15.00 


30.00 


25 


24.00 


58 
26 


12.00 


t 







13.-50 
41.00 


•>6.00 








41 00 


25 


25.00 


20 


15.00 


980.00 


600.00 


380.00 


57.00 


1.50.00 


102 


24.00 


130 


18.00 


5,500.36 


4,250.18 


1,250.18 


44.00 


189.00 


235 


r 136.00 

t 1124.90 


135 


18.00 


12,000.00 








1,500.00 










2 


12.00 


10 


12.00 


144.00 


120.00 


24.00 


6.50 


6.50 


375 


27.48 


425 


15.00 


16,620.00 


11,231.00 


5,389.00 


338.00 


1,142.00 


5 




_ 




100.00 


20.00 


80.00 


23.00 


23.00 


5 








41.31 


38.36 


2.95 


20.00 


20.00 






2 




75.40 


36 50 


38 90 


7 00 


7 00 


14 




88 




120 00 


190 00 




60 00 


60 00 


100 


18.00 




12.00 


1 500.00 


780 00 


720 00 


50 00 


50 00 


20 


15.00 


70 


12.00 


900.00 


500.00 


400.00 


3.00 
35 00 


6.00 
35 00 


24 


24.00 


8 


15.00 


467. 90 


175.00 


292.90 


68.00 


68.00 


25 


24.00 
15.00 
18.00 


175 
10 
44 


12.00 
15.00 
12.00 


2,750.00 


2,100.00 


650.00 






16 






32 


1,140.00 


660.00 


480.00 


31.00 


173.00 

















55.18 


55.18 



376 



N. C. CORPORATION COMMISSION. 

TELEPHONE COMPANIES, 



Name of Company. 



Pamlico and Beaufort Telephone Company 

Pittsboro Telegraph and Telephone Company_- 

Raleigh Telephone Company 

Reidsville Telephone and Telegraph Company. 

Rutherfordton Telephone Company 

Salisbury Telephone Company 

Snow Hill and Farmville Telephone Co 



Southern Bell Telephone and Telegraph Company 



Statesville Telephone Company ..._ 

Taylorsville Telephone Company 

Thomasville Telephone Company 

Tyrrell County Telephone Company 

The Inter-State Telephone and Telegraph Company. 

The Madison Telephone Company .._ 

The Moore Telephone Company - 

Wadesboro Telephone Company 

Washington County Telephone Company 

Washington and Hyde Countj- Telephone Company 

Waynesville Telephone Company 

Wilkin Electric Company „ 

William J. Stribbling Telephone Company 

Williamston Telephone Company 

Total 



Assessed 
Value. 



$1,450.00 
250.00 
10.000.00 
3,500.00 
2,500.00 
13, .500. 00 
200.00 

38,234.00 

4,000.00 

(lOO.OO 
] , 755. 00 

400.00 

30,000.00 

1,000.00 

600.00 
2,300.00 

450. 00 
1,250.00 
2,000.00 
2,500.00 

400.00 
3,000.00 



388,984.50 



Capital. 



SI, 450. 00 
500.00 

20,000.00 
6,500.00 
1,000.00 

15,000.00 



1,000,000.00 

7,000.00 

575. 00 

1,755.00 

450.00 

100,000.00 

1,000.00 



3,000.00 

650.00 

2, 150. 00 



2,500.00 



2,500.00 



1,709,249.40 



Funded 
Debt. 



$7,150.00 
1,500.00 
1,000.00 

12,000.00 



150,000.00 



1,100.00 



,534.00 



* Toll line service. 

t Not operated twelve months. 

I Greensboro. 

II Burlington. 



TELEPHONE COMPANIES, CAPITAL STOCK, ETC. 



377 



CAPITAL STOCK, Etc.— Continued. 



Number 
of Busi- 
ness 
Phones. 


Average 
Charge 

Per 
Annum, 


Number 
of Resi- 
dence 
Phones. 


Average 
Charge 

Per 
Annum. 


Gross 
Earnings. 


Operating 
Expenses. 


Income 

from 

Operation. 


Pole 
Miles. 


Miles of 
Wire. 




i 










.51.50 
11.00 


(50.00 




! 




$183.55 


$63.06 


$20.49 


11.00 


110 


S30.00 


300 


$16.80 


3, 880. 15 


4,800.00 




12.00 


800.00 




24.00 
15.00 


53 
60 


15.00 
12.00 






45.00 
20.00 


115.00 


42 


1,265. ,50 


830.75 


434.75 


8.5.00 


149 


24.00 


135 


18.00 


5, 345. 50 


4,076.00 
45.00 


1,269.50 










5 

I 1,-507 




37.40 

1 


11.00 
.521.00 


11.00 


1 , 152 


f 24.00 
^ to 
( 48.00 


f 12.00 
4 to 
i 86.00 




3,044.00 




j 






58 


24.00 


125 


12.00 


2,892.00 


2,075.00 


817.00 


5.00 


45.00 


5 


12.00 


;] 


6.00 


259.00 


100.00 


159.00 


23. 75 


28.75 


24 


15.00 


80 


12.00 


840.00 


542.00 


298.00 


15.00 


.54 00 


2 


15. 00 






180.00 


50.00 


130.00 


9.25 


9.25 


!»81 


30.00 


928 


18.00 


43, 392. 25 


27,183.61 


16,208.64 


298.30 


1,78.5.30 


8 


24.00 


4 


24.00 


200.00 


400.00 




26.00 


28.00 


6 


18.60 
16.80 


8 
35 


9.00 
12.00 


135.00 
1,275 00 






33.00 
30.00 


34. .50 


59 


990.00 


285.00 


,5.5.00 




30.00 
30.00 






150.00 
.549.00 


' 30.00 
255.00 


120.00 
294.00 




30.00 


10 


3 


24.00 


50.00 


50.00 


30 


18.00 


32 


15.00 


840.00 


700.00 


140.00 


15.00 


30.00 


80 


18.00 


83 


12.00 


2,234.21 


845.31 


•1,. 388. 90 


28.00 


85.00 


3 


30.00 


3 


18.00 


114.00 


.50.00 


90.00 


20.00 


20.00 


87 


24.00 


25 


18.00 


1,268.71 


7L5.00 


.548.71 


68.00 


85.00 


5, (>59 





6,492 




169,952.81 


106,301.10 


53, 111. .52 


3,257.88 


1,8,140.89 


' 





378 



N. C. CORPORATION COMMISSION. 

COST OF ROAD, CAPITAL STOCK, 



* Name of Road. 


Cost of Road. 


Capital Stock. 


Funded Debt. 


Atlantic Coast Line Railroad Coinpany 


$38,189,978.32 


$23,944,042.71 


$13,981,822.54 


Seaboard Air Line Railroad Coinpany___ 


9,220,676.38 


15,158,434.21 


12,731,870.55 




Southern Railway (owned lines) _ . .. __ _ 


32,262,499.62 

1, 153, 148. 00 
559,853.00 

2,500,000.00 
528,371.00 
652,522.79 

4,975,627.00 


20,744,026.00 

272,260.00 

328,579.00 

1,000,000.00 

272,725.00 

250,000.00 

4,000,000.00 


15,151,262.35 

880,904.00 
312,951.00 
1,500,000.00 
312,952.00 
402,000.00 


Leased or otherwise controlled, as follows — 
Atlanta and Charlotte Air Line 


Asheville and Spartanburg 


Atlantic and Yadkin 


High Point, Randleman, Ashboroand Southern_ 
North Carolina 


Southern Railway (rolling stock) _ __ 




North Carolina Midland 


1,745,924.26 


924, 000. 0(^ 


801,000.00 


Southern Railway (interest in depot) 


North and South Carolina 


112,211.08 

31,659.75 

1,254,894.12 

558,792.00 


50,000.00 

31,300.00 

625,000.00 

175,698.10 




State University _ _ _ _ 




Yadkin 


615,000.00 
383, 766. 70 






Total leased lines 


14,073,003.00 
46,335,502.62 


7,929,562.10 
^8,673,588.10 


5,208,573.70 
20,359,836.05 


Total Southern Railway (all lines) _ 






Total Atlantic Coast Line, Seaboard Air 
Line and Southern Railway 


93,746,157.32 


67,776.065.02 


47, 073, 529. 14 






Miscellaneous Roads— 


415, 242. 56 

159,331.23 

319,466.00 

2,177,027.00 

92,193.90 

90,910.62' 

504.000.00 

117,399.42 

68,400.00 

17,500.00 

45,000.00 

157,063.20 

108,000.00 

74,580.00 

250,072.86 

5,777. 00 

120,000.00 


250,000.00 

100,000.00 

174,253.00 

1,797,200.00 

89,200.00 
231,504.60 
250,000.00 
100,000.00 

16,050.00 
100,000.00 


76, 000. 00 




80,000.00 


Atlanta, Knoxville and Northern 

Atlantic and North Carolina 

Caldwell and Northern 


145,213.00 
325,000.00 


Carolina and Northwestern 


297, 666. 33 


Carolina Northern 


250,000.00 










Chowan and Aulander 




Durham and Charlotte 






East Carolina 


55,000.00 
48,-570.00 
125,000.00 




F.ast Tennessee and Western North Carolina 

Ti^srvnt 


24,195.00 
108,000.00 






Linville River 


60,000.00 


60,000.00 



COST OF ROAD, CAPITAL STOCK, FUNDED DEBT, ETC. 379 

FUNDED DEBT, Etc. —North Carolina. 



Capital Stock 
Per Mile. 


Funded Debt 
Per Mile. 


Assessed 
Valuation. 


Assessed 
Valuation 
Per Mile. 


Taxes Paid. 


Taxes 

Paid Per 

Mile. 


Miles. 


$24,417.00 


114,258.00 


$13,978,440.00 


$M,733.00 


$185,710.00 


$195. 73 


948.77 


24,504.42 


20,581.75 


8,712,728.00 


14,247.00 


89,595.00 


147.08 


609. 12 


35,240.00 


25,739.00 


6,965,235.00 


11,817.00 


124,784.89 


211.71 


.589.41 


6,339.00 


20,510.00 


960,810.00 


22,246.12 


16,179.12 


374.61 


43. 19 


7,842.00 


7,469.00 


370, 145 00 


8,829.79 


5,086.05 


121.32 


41.92 


6,055.00 


0,081.00 


1,445,083.00 


8,971.21 


15,374.68 


95.44 


161.08 


12,396.00 
9,328.00 


14,225.00 


172,029.26 


7,819.51 






22.00 


15,000,00 


130,725.00 


4,881.44 


1,684.82 


62.91 


26.78 


17,893.00 




4,698,568.00 


20,799.32 


60,737.53 


268.86 


22.5.90 




399,292.00 


1,233.60 








17,232.00 


^ 14,940.00 


145,956.00 
10,000.00 


2,727.64 


2,078.95 


38.85 


53. .51 


11,235.00 




5,595.00 


1,500.00 


63.70 


17.07 


_ 

H.va 


3,069.00 
15,244.00 




25, 049. 00 


2, 470. 31 


261.09 


25 74 


10 14 


15,000.00 


131,925.00 


3,217.93 


1,500.30 


36.-59 


41.00 


2,741.00 


5,987.00 


344,5.55.00 


5,486.54 


3,835.96 


61.08 


62.80 


11,458.08 


7,526.29 


8,839,732.26 


12,773.26 


106,802.20 


154. .83 


692. 05 


22,375.72 


15,888.00 


15,804,967.26 


12,333.56 


231,587.09 


180.73 


1,281.46 


23,870.28 


16,578.98 


38,496,135.26 


13,558.08 


506,892.09 


178.-52 


2,839.35 


3,105.59 


944. 10 


207,325.00 


2,701.30 


2,064 50 


25.54 


80.85 


2,380.00 


1,904.00 


89,380.00 


2,128.09 


919.11 


21.88 


42.00 


13,201.00 


11,001.00 


47,9.50.00 


3,660.31 


480.00 


36.64 


13.10 


18,918.00 


3,421.00 


734,330.08 


7,729.79 


10,019.57 


105.46 


9-5.00 


8,415.09 
3,202.00 




27,387 77 


2 583 75 


88 56 


8 35 


10 60 


4,117.10 


234,327.00 


3,241.04 


2,138.24 


29.57 


72.30 


12,425.42 


12, 425. 42 


51,620.00 


2,486.51 


310.97 


14.97 


20.76 


5,000.00 




54, 662. 75 


2, 733. 14 


446. 40 


22. 32 


20.00 


857.56 




45,775.00 


2, 474. 32 


534.00 


28. 86 


18 50 






26, 720. 00 


2 226.66 


373 42 


31 11 


12 00 






25,250.00 

72 aso.oo 


2 195 65 


198 63 


17 27 


11 i50 






2, 143. 11 
1,266.92 
4,141.17 


432 12 


12 80 


33 75 






31,065.00 
12,523.51 


257 83 


10 51 


•>4 52 


16,190.00 


- - 

8,065.00 


179. 15 


-59.71 


3.00 


15,625.00 


13,500.00 


23,775.00 


2,971.87 


188.40 


23.55 


8.00 






21,000.00 
12,135.00 


2,333.33 


167.00 


18 55 


9 00 


5,000.00 


5,000.00 


1,011.25 


152. .50 


12.70 


12.00 



380 



N. C. CORPORATION COMMISSION. 

COST OP ROAD, CAPITAL STOCK, 



Name of Road. 



Cost of Road. 



Capital Stock. 



Funded Debt. 



Miscei^IjAneous Roads— Continued. 

Mount Airy and Eastern 

New Hanover Transit Company 

Norfolli and Southern 

Norfolk and Western 

Northampton and Hertford 

Raleigh and Cape Fear 

Red Springs and Bow more 

Suffolk and Carolina 

Transylvania 

Warrenton 

Wellington and Powellsville 

Washington and Plymouth 

Wilmington Railway Bridge Company. 

Danville and Western 

Total miscellaneous roads 

Grand total all roads 



$25, 990. 00 

5,000.00 

, 036, 097. 93 

,990,632.48 

28, 511. 00 

141,693.87 

39,000.00 

386,731.33 

160,000.00 

14,375.00 

166,591.03 



257,000.00 
145,217.00 



11,118,803.43 
104,864,960.75 



$25,990.00 

8,850.00 

1,134,470.00 

4,618.211.46 

45,000.00 

110,500.00 



10,101,051.06 



$2, ,539. 00 

765, 750. 00 

2,752,432.76 



60,000.00 



246, 144. 00 86, 160 00 

320,000.00 i 160,000.00 
1 

12,300.00 6,000.00 

90,000.00 

20,000.00 100,000.00 

40,000.00 I 217,000.00 

I 

37,808.00 i 107,896.00 



5.623,852. 



77,877,116.08 52,697,381.23 



COST OF ROAD, CAPITAL STOCK, FUNDED DEBT, ETC. 3S1 

FUNDED DEBT, Etc.— North Carolina— Continued. 



Capital 

Stock Per 

Mile. 


Funded Debt 
Per Mile. 


Assessed 
Valuation. 


Asssesed 

Valuation 

Per Mile. 


Taxes Paid. 


Taxes 

Paid Per 

Mile. 


Miles. 


$5, 138. 00 




$7,150.00 

11,000.00 

1,198,821.00 

788,842.75 
23,582.-50 
.52,997.-50 
20,600.00 
87,780.00 
84,040.00 
9,440.00 
46,080.00 
.55,350.00 
.50,000.00 
20,700.00 


.$1,430.00 
2,7.50.00 

14, 396. 79 
9,031.86 
2,710.63 
2,864.-57 
!I80. 95 
3,(m.77 
2,722.38 
3,146.66 
1,920.00 
1,663.16 

20,833.33 
2,6.53.83 


$.33.-53 

89. 10 

10,287.-54 

6,896.05 

136. 98 


$6.70 
22.27 
123.-54 
78.95 
1.5. 74 


-5.M 


2,212.50 
13,624.00 
52,819.00 


$634.75 

9,196.00 

31,514.00 


4.00 

8.3. 27 

87.-34 

8.70 






416.05 22.48 

93.-50 , 4.45 

600.21 24.83 

1,060.15 34.34 

86.09 28.69 

322. .5() 13.44 

442.80 13.-30 

405.00 168.75 

550.64 70.59 


18. .50 




" 


21.00 


10,256.00 
10,366.00 
4,100.00 
3,750.00 


3,590.00 
5,186.00 
2,000.00 


24.17 

30.87 

3.00 

24.00 






33. 28 


16,666.66 
4,726.00 


90,416.67 
13,487.00 


2.40 

7. SO 


12,022.05 


6,693.39 4,173,939.86 


4,967.73 


40.370.60 ' 48.05 


840. 21 


21,164.79 


14,321.65 42,670,075.12 


11,-596.52 


547,262.69 , 148.73 

1 


3, 679. -56 



382 



N. C. CORPORATION COMMISSION. 





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RECAPITULATION OF EARNINGS, ETC. 



383 



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384 



N. C. CORPORATION COMMISSION. 



EMPLOYEES AND DAILY 



Name of Road. 


General Officers. 


Other Officers. 


General Office 
Clerks. 


No. 


Average 

Daily 

Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


Atlantic Coast Line Railroad 

Southern Railroad System in North Car- 


8 


$13. M 


12 $7. 11 

99 2.91 
7 ! 6 41 


137 


$1.81 


Seaboard Air Line Railway 


5 
4 


15.91 

\ 


92 
2 


•^ 04 


MTSCEI.LANEOUS ROADS— 










2 
4 
4 


2.40 
3.75 

3.83 


3 
3 


1.78 

2.50 






Atlantic and North Carolina 

Caldwell and Northern __ 


5 

1 
1 


1.7» 


Cape Fear and Northern 3 

Carolina Northern __ . _ _ 


1 9(D 


1 

1 




Carolina and Northwestern 5 

Carthage 1 


4.22 
4.79 


1 

3 2.90 


8 
1 


1.37 
.95 




1 




Danville and Western ' 






- - 


Durham and Charlotte 


2 


2.40 


1 


1 


East Carolina _ _ _. _ _ 


i 






Atlanta, Knoxville and Northern- 




- _ - - 






Egypt. - 


2 
7 
6 
6 
4 




1 
8 


2.63 
4.18 






Norfolk and Southern 


8.73 
3.76 


43 
15 


177 


Norfolk and Western 


1 91 


Northampton and Hertford 










4. SO 










Red Springs and Bowmore 


1 

_ 










South Carolina and Georgia 


3 
11 

2 


.as 

3.41 
2.50 


2 

1 


3.29 
2.16 


5 
2 

1 


1.29 


Sutfolk and Carolina 


1 15 


Transylvania _ __ 


.68 


Warrenton 








Wellington and Powellsville _ 


4 
8 












Wilmington Seacoast 


1.67 


6 1 


•.. 




Mt. Airy and Eastern 








Lawndale i 












Lin ville River.. _ ... 


__- 


1 










. . 











EMPLOYEES AND DAILY AVERAGE COMPENSATION. 
AVERAGE COMPENSATION. 



385 



station Agents. 


Other Station 
Men. 


Enginemen. 


Firemen. 


Conductors. 


Other 
Trainmen. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
■ Wages. 


No. 


Average 

Wages. 


142 

189 
102 

12 

2 


$1.34 

1.30 
1.40 

1.25 
.95 

.85 


416 

587 
161 

10 


$1.05 

1.11 
1.16 

1.00 


96 

180 
74 

5 
3 

7 
1 
1 


$4.20 

4.42 
4.27 

3.00 
1.53 
2.93 
2.50 


94 

217 
172 

3 

7 
1 
1 


$1.38 

1.84 
1.53 

1.50 
.75 

.83 
1.00 


60 

121 

68 

5 
1 
4 


$2.90 

3.10 
2.76 

2.50 
1.34 
2.00 


178 

316 
141 

15 

• 5 

14 

3 

2 


$1.04 

1.45 
1.17 

1.00 
.75 


18 


17 


1.12 


.88 
.80 


4 


.33 


2 


.70 


1 














14 
3 


.93 
.97 


31 
1 


.63 

.57 


7 
1 


3.23 
1.92 


7 
1 


1.25 
.96 


6 
1 


2.65 
1.92 


15 

2 


.72 

.75 


























8 


.55 






3 


1.25 


3 


.70 


1 


1.00 


6 


.79 































1 


1 


.58 

1.17 

1.53 

.96 

.19 


1 
50 
15 


.50 
1.24 
1.10 


1 

16 

39 

1 

1 


1.75 
2.53 
4.38 
1.50 
1.92 


1 

16 
47 

1 

1 


.90 
1.15 
2.19 

.85 
1.00 






1 
31 
15 

1 
3 


.7Q 


46 

16 

1 


13 

7 
1 
1 


2.34 
3.72 
1.92 
1.92 


1.22 
2.11 

.7S 


4 


1 


3.66 


.95 


13 
14 
15 


.74 
.66 
.60 


6 
5 


.49 
.50 


2 
5 
1 


, 3.97 

2.18 
2 29 


2 
6 

1 


1.98 

1.00 

.90 


2 
4 

1 


2.12 
1.77 

1.80 


6 
6 
5 


1.2S 
1.00 

54 










4 




3 




3 
.1 




3 

2 




2 

2 




3 

2 




1 


.50 




2.40 


.58 


1.48 


.62 




















' 


— 



























































26 



386 



N. C. CORPORATION COMMISSION. 

EMPLOYEES AND DAILY 



Name of Road. 


Machinists. 


Carpenters. 


Other 
Shopmen. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


Atlantic Coast Line Railroad. _ .„ _ 

Southern Railway System in North Car- 
olina 


28 

91 

98 

1 
4 


«2.98 

2.90 
2.32 

3.00 
2.00 
2.25 


32 

321 
31 

2 

1 

19 


$2.12 

1.53 
2.00 

2^50 
1.25 
1.42 


374 

261 
290 

4 

1 
38 


$1.26 

1.32 
1 52 


Seaboard Air Line Railway 


Miscellaneous Roads— 
Aberdeen and Ashboro . 


1 50 


Aberdeen and Rockfish ___ __ . 


75 


Atlantic and North Carolina 


96 


Caldwell and Northern 




Cape Fear and Northern- 


1 










Carolina Northern 


1 
i 










Carolina and Northwestern 


13 i l.fiT 


6 


1.25 


13 


84 


Carthage . . _ 








Ca.'^hie and Chowan ._ 














Danville and Western _ 















Durham and Charlotte 


1 


1.50 


1 


1.00 






Ea<t Carolina . _. 






Atlanta, Knoxville and Northern 














Egypt 






1 
20 

8 


1.00 
1.75 
1.64 


1 
42 
11 


.75 


Norfolk and Southern 


44 


2.09 


1.17 


Norfolk and Western .__. 


1.27 


Northampton and Hertford 








Raleigh and Cape Fear. . _. . 








- 






Red Springs and Bowmore 














South Carolina and Georgia 

Suflblk and Carolina 


1 


2.05 
1.55 


12 
3 


1.35 

1.S7 


5 

2 


1.16 
1.00 


Transj' 1 vania 




Warren ton 














Wellington and Powellsvilie 


1 




1 




2 










Mt. Airy and Eastern . . ._ 














Lawndale 














Linville River 






" 1 

1 














I 







EMPLOYEES AND DAILY AVERAGE COMPENSATION. 



387 



AVERAGE COMPENSATION— 


Continued. 












Section 
Foremen. 


Other 
Trackmen. 


Switch, Flag, 
and Watchmen. 


Telegraph 
Operators. 


Other 
Employees. 


Total. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wagel 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


106 
190 

109 
9 


$1.43 
1.31 

1.58 

1.50 
1.27 
1.17 
1.50 


537 
1,211 

949 

40 
18 
45 
5 
6 


fO.63 
.75 

.90 

.75 
.70 
.60 
.75 


85 
169 

70 


11.38 
1.57 

1.32 


59 
148 

34 


$1.86 
1.60 

1.35 


290 
423 

211 


$0.74 
1.03 

1.68 


$2,65^ 
4,52S 

2,61^ 

lis 


3 














43 


9 
1 


9 


.83 


3 


.78 


42 


.80 


248 
16 


2 














23 




















26 


14 

2 


1.28 
1.84 


44 

8 


.62 
.74 


1 


.83 


3 


1.48 


12 


.78 


133 
21 
















29 






















18 


S 


1.15 


12 


.70 














40 
















12 






















80 


1 


1.34 
1.44 

1.29 
1.50 
1.35 


5 

87 

66 

13 

6 


.64 

1.01 

1.02 

.85 

.75 


1 
28 

1 


.38 
1.20 
1.32 










17 


20 






33 

78 


1.80 
1.83 


504 


13 
1 


3 


1.44 


840 
25 


2 














23 
















14 


9 
3 


1.57 
1.60 
1.34 


23 

25 

6 


.75 

1.00 

.69 


1 
2 


.33 
1.00 


2 


.37 


7 


.62 


109 
91 


1 










33 
















4 


2 




8 
9 




1 












87 


2 


1.03 


.53 








3 


.60 


31 












15 






















10 






















25 

























Total number of employees 11, 823 

Less employees on lines (in proportion to mileage) extending beyond the 



limits of the State. 



422 



Total number employees in North Carolina 11,401 



388 



N. C. CORPORATION COMMISSION. 



Other Causes than 
Movement of 

Trains- 
Employees. 


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Atlantic Coast Line Railroad 

Southern Railway— 

Southern Railway 

Asheville and Spartanburg 

Atlanta and Charlotte Air Line- 
Atlantic and Yadkin 

North Carolina 

North Carolina Midland 

High Point, Randleman, Ash- 
boro and Southern 

Yadkin 


\ 

i 


Seaboard Air Line— 

Seaboard Air Line Railway 

Miscellaneous Roads— 

Carolina and Northwestern 

Norfolk and Southern 

Norfolk and Western 

South Carolina and,Georgia 

Transylvania 


s 


1 
j 
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1 



STREET RAILWAY COMPANIES. 



389 






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lO »P --H 2} 




GENERAL INDEX. 



COMPLAINTS AND DECISIONS, SEE PAGES 1 TO 33 INCLUSIVE. 



PAGE. 

Aberdeen and Ashboro Railroad — assessment of (Part 2) 4 

report of (Part 2) 242 

Aberdeen and Rockfish Railroad — assessment of (Part 2) 4 

report of (Part 2) 244 

Assessment — of express companies (Part 2) 84 

of Pullman Car Company (Part 2) 87 

railroads ( Part 2 ) 2 

by counties ( Part 2 ) 38 

by towns (Part 2) 61 

of steamboat and canal companies (Part 2) 108 

of telegraph companies (Part 2) 89-96 

telephone companies (Part 2) 99 

Asheville and Spartanburg Railroad — assessment of (Part 2) 8 

report of (Part 2) 214 

Atlanta, Knoxville and Northern Railroad — assessment of (Part 2) 5 

report ( Part 2 ) 245 

Atlantic Coast Line Railroad Company — assessment of (Part 2) 2 

report (Part 2) 115 

Atlantic and North Carolina Railroad — assessment of (Part 2) 5 

report of (Part 2) failed to make report. 
Atlanta and Charlotte Air Line Railroad — assessment of (Part 2) 3 

report of (Part 2) 203 

Atlantic and Yadkin (Part 2) report 209 

Banks (Part 2) 320-362 

Bridge companies (Part 2) 108 

officers, capital, etc. ( Part 2 ) 108 

Building and loan companies (Part 2) 367 

Caldwell and Northern Railroad — assessment of (Part 2) 5 

report of ( Part 2 ) 251 

Cape Fear and Northern Railroad — assessment of (Part 2) 5 

report of (Part 2) 247 

Canal companies — assessment of ( Part 2 ) 108 

Capital stock, funded debt, etc. (Part 2) 378 

Carthage Railroad — assessment of (Part 2) 5 

report of (Part 2) 252 

Cashie and Chowan Railroad — assessment of (Part 2) 5 

report of (Part 2) 253 

Carolina and Northwestern Railroad — assessment of (Part 2) 5 

report of (Part 2) 254 

Carolina Northern — assessment of (Part 1) 5 

report of (Part 2) 254 



392 N. C. CORPORATION COMMISSION. 



PAGE. 

Circulars — issued by the Commission (Part 1) 34 

Counties — assessment of railroads in (Part 2) 33 

Danville and Western Railroad — assessment of (Part 2) 5 

Durham and Charlotte Railroad — assessment of (Part 2) 5 

report of (Part 2) 261 

Earnings — recapitulation of ( Part 2 ) 332 

Bast Carolina — assessment of ( Part 1) . . " 5 

report ( Part 2 ) 263 

East Tennessee and Western N. C. Railroad— assessment of (Part 2) 5 

report of (Part 2) 264 

Electric light companies ( Part 2 ) m 

Express Company, Southern — assessment of (Part 2) 84 

officers (Part 2) 318 

Gas companies ( Part 2 ) Ill 

High Point, Randleman, Ashboro and Southern Railroad — assessment of 

(Part 2) 3 

report of (Part 2) 219 

Lawndale Railroad — assessment (Part 1) 5 

report ( Part 2 ) 265 

Linville River Railroad — assessment (Part 1) 5 

report (Part 2) 265 

Mount Airy Eastern ( Part 2 ) 266 

New Hanover Transit Company — assessment of (Part 2) 5 

report of ( Part 2 ) 287 

Norfolk and Southern Railroad — assessment of (Part 2) 5 

report of ( Part 2 ) 267 

North Carolina Railroad — assessment of (Part 2) 3 

report of (Part 2) 228 

North Carolina Midland — assessment of (Part 2) 3 

report of (Part 2) 223 

North and South Carolina ( Part 2 ) 232 

Norfolk and Western — assessment of ( Part 2 ) 5 

report of (Part 2) 274 

Northampton and Hertford Railroad — assessment of (Part 2) 5 

report of (Part 2) 266 

Postal Telegraph Cable Company. 

assessment of by counties (Part 2) 97 

officers ( Part 2 ) 96 

capital stock, etc. (Part 2) 373 

Pullman Company — assessmenl of (Part 2) '. 87 

officers (Part 2) 317 

Railroads — assessment of ( Part 2 ) 2 

assessment of by counties (Part 2) 38 

by towns ( Part 2 ) 61 

Raleigh and Cape Fear — assessment of (Part 2) 5 

report of (Part 2) 287 

Receipts and disbursements (Part 2) 389 

Red Springs and Bowmore — assessment of (Part 2) 5 

report of (Part 2) 290 



GENERAL INDEX. ^93 

Page 

Seaboard Air Line Railway Company — assessment of (Part 2) 4 

report of ( Part 2 ) - 134 

Southern Railway — assessment of (Part 2) '6 

report of (Part 2) ; 165 

Southern Express Company — assessment of (ir^art 2) 84 

officers (Part 2) 318 

Southern Bell Telephone and Telegraph Company — assessment of (Part 2) . . 99 

officers (Part 2) 99 

South Carolina and Georgia — assessment of (Part 2) 3 

report of (Part 2) 233 

State University Railroad — assessment of (Part 2) 3 

report of ( Part 2 ) • 236 

Steamboat and Canal Companies — assessment of (Part 2) 108 

Street Railway Companies — assessment of (Part 2) Ill 

report of (Part 2) 299 

Suffolk and Carolina Railroad— assessment of (Part 2) 6 

report of (Part 2)' 290 

Table — Recapitulation of earnings (Part 2) 382 

Table — Capital stock, funded debt, etc. (Part 2) 3Y8 

Table — Empioyees ( Part 2) 384 

Table— Accidents (Part 2) , 388 

Telephone Companies — assessment (Part 1) 99 

officers ( Part 2 ) 99 

capital stock, etc. ( Part 2 ) 374 

Telegraph Companies — assessment of (Part 2) 89-96 

officers ( Part 2 ) 96 

capital stock, etc. ( Part 2 ) 373 

Towns — Railroads and assessments ( Part 2 ) 61 

Transylvania Railroad Company — assessment of (Part 2) 6 

report of (Part 2) 295 

Warrenton Railroad — assessment of (Part 2) 5 

report of ( Part 2 ) 296 

Washington, Plymouth — assessment of (Part 2) 5 

report ( Part 2 ) 298 

Water Works Companies ( Part 2 ) 114 

Wellington and Powellsville Railroad — assessment of (Part 2) 5 

report of (Part 2) 297 

Western Union Telegraph Company — assessment of (Part 2) 89 

officers ( Part 2 ) 96-318 

capital 373 

Wilmington Railway Bridge Company — assessment of (Part 2) 4 

report of ( Part 2 ) . 317 

Wilmington Seacoast Railroad — assessment of (Part 2) 5 

Winton Railroad — assessment of (Part 2) 5 

report of (Part 2) 296 

Yadkin Railroad — assessment of (Part 2) 3 

report of (Part 2) 238 

2- -Id 



STATE LIBRARY OF NORTH CAROLINA 




3 3091 00772 8694 



HECKMAN 

BINDERY INC. 

MAR 93 



iriC 



N. MANCHESTER, 
INDIANA 46962 J